pakistan’s potential – opportunities for trade & investment in thailand

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    Pakistan Export to ThailandValue in US$ million, growth in %

    Year Value Growth

    2008 88.25

    2009 93.74 6.2

    2010 80.90 -13.7

    2011 109.39 35.2

    2012 109.36 -0.02

    Average Growth 6.9

    (Source: ITC)4

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    Pakistan imports from Thailand

    Value in US$ million, growth in %

    Year Value Growth

    2008 598.45

    2009 599.71 0.2

    2010 872.38 45.5

    2011 827.01 -5.2

    2012 716.58 -13.4

    Average Growth 6.8

    (Source: ITC)5

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    0.0

    200.0

    400.0

    600.0

    800.0

    1,000.0

    2008 2009 2010 2011 2012

    88.3 93.7 80.9 109.4 109.4

    598.5 599.7

    872.4 827.0716.6

    US$million

    Source: ITC

    PAKISTAN-THAILAND TRADE RELATIONS

    AT A GLANCE

    Export

    Imports

    From Pakistan

    From Thailand

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    Thailand world import in 2012 = US$ 247.6 B

    Source: ITC 7

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    Pakistan's top 20 exports to Thailand (in 2012)Value in US$ million

    Product label Value

    TOTAL 109.363

    1 Cotton 21.08

    2 Seafood 11.74

    3 Commodities not elsewhere specified 5.20

    4 Frozen prawns & crabs 4.82

    5 Frozen Pacific salmon 4.36

    6 Sacks & bags of Jute & Bast Fibers for packing of goods 3.92

    7 Cotton yarn 3.88

    8 Fish prepared or preserved 3.11

    9 Refined sugar 2.79

    10 Denim fabrics of cotton 1.99

    Continued8

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    Continued from previous

    Pakistan's top 20 exports to Thailand

    Values in US$ million

    Product label Value11 Medical Instruments and appliances 1.99

    12 Lead refined unwrought 1.84

    13 Ethyl alcohol & other spirits 1.71

    14 Cotton yarn waste 1.67

    15 Cotton waste 1.42

    16 Durum wheat 1.42

    17 Twill weave cotton fabrics 1.37

    18 Antibiotics 1.26

    19 Frozen meat whether or not minced 1.22

    20 Inflatable balls 1.18

    Sub total 77.97

    Sub total as % of Total 71.3

    Source: ITC9

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    Pakistan's top 20 imports from Thailand in 2012Values in US$ million

    Product label ValueTOTAL 716.58

    1 Automobiles, 1000 cc to 1500 cc 75.15

    2 Parts & accessories of bodies for motor vehicles 48.40

    3 Diesel powered trucks 36.92

    4 Terephthalic acid 36.55

    5 Automobiles ,1500 cc to 3000 cc 33.02

    6 Staple fibers of viscose 21.07

    7 Natural rubber latex 20.55

    8 Parts suitable f use solely/princ 18.47

    9 Staple fibers of acrylic or modacrylic 18.16

    10 Refrigerating Equipment Compressors 18.04

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    Continued from previous

    Pakistan's top 20 imports from Thailand in 2012Values in US$ million

    Product label Value11 Pneumatic tires 16.69

    12 Motor vehicle parts 13.43

    13 Textured yarn of polyester filaments 12.71

    14 Flat rolled electrolytic ally zinc coated 12.67

    15 Motorcycles, 50 cc to 250 cc 11.92

    16 Vessels & other floating structures for breaking up 11.14

    17 Parts of air conditioning machines 9.59

    18 Maize (corn) seed 9.50

    19 Lighting or visual signaling equipment 9.02

    20 Uncoated writing/printing paper & paperboard 8.14

    Sub total 441.12

    Sub total as % of Total 61.6

    Source: ITC11

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    0

    200

    400

    600

    800

    1000

    1200

    1400

    1600

    US$million

    Source: ITC

    Potential Export Items: Pakistan to Thailand

    Thailand world imports

    Pak world exports

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    Commercial Real State

    Development/Construction

    Mining

    (Marble/Granite/Onyx)

    Telecommunication

    Energy Sector

    IT/Medical/Tourism Agro-Tech/AgroFarming/Fisheries/Dairy

    & Livestock/Fruit

    Processing/Horticulture

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    Trade Development Authority of Pakistan is an

    autonomous Government entity mandated to facilitate andenhance exports from Pakistan.

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    - Major activities include;

    i. Participation in International/Domestic Exhibitions--specialemphasis on Product Diversification & New Entry Markets,

    ii. Research on Trade Markets,

    iii. Trade Facilitation

    iv. Acting as bridge between private and Government sector.

    v. Encourage SMEs & Women Entrepreneurs

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    - 2nd largest Buffalo Meat producer.

    - 2nd largest Buffalo Milk producer.- 3rd largest Cottonseed producer.

    - 3rd largest Chilies producer.

    - 4th largest Goat Meat producer.

    - 5th largest Mango producer.- 7th largest Wheat producer.

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    - 7th largest Iron oxide producer.

    - 10th largest Chromites producer.- 11th largest Ammonia producer.

    - 14th largest Cement producer.

    - 14th largest Barite producer.

    - 16th largest Talc producer.- 21st largest Soda Ash producer.

    - 28th largest Copper producer.

    - 28th largest Gypsum producer

    - 5th largest Coal reserves.

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    - Growing Middle Class.

    - Increasing demand for Goods &Services.

    - Cheap Labor Force.

    - Rapid Increase in SMEs.

    - Increased Economic Independenceof Women Entrepreneurs.

    - 180 Million population with 70% ofbelow 30 years of age.

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    -Thailand has relatively complicated tariff structure with number of duty-freetariff lines, ad valorem tariffs, & non-ad valorem duties, of which some are

    alternate duty rates (the higher of an ad valorem rate and a specific duty).

    - Average MFN tariff is 11.2% with average tariff on agriculture productsbeing 26% and tariff on beverages & tobacco at 49%.

    - Tariff quotas on agricultural products, including products that Thailand is anet exporter of, such as Rice & Sugar.

    - Extremely favorable tariff regime for ASEAN countries--Should consideraccording similar tariffs for Pakistan.

    - Thailand imposes import license on Marble and Granite whereby importersneed to obtain prior authorization from Ministry of Commerce andimportation is only authorized for quantity needed for specifiedconstruction projects. (No cut and polished stones can be imported forother purposes e.g. kitchen counters, furniture etc).

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    -Thailands Farming Sector renowned for;

    i. Efficient farming techniques,ii. Cost effectiveness & adherence to internationalstandards.

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    -Thailands Gold & Jewelry products carry;i. Design innovation,ii. World standards of hallmarking,

    iii. Gems Identification/Polishing.

    Proposal:To send a study mission of Pakistani farmers to visit Thai Farms.

    Proposal:Thailand to provide training in this sector

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    - Pakistan has unique medical facility of

    Cyber Knife, Robotic Radiosurgerywhich;

    i. Offers treatment of early stage ofcancer & functional disorders freeof cost (only country that offers thisfree facility).

    ii. This treatment costs over USD90,000 Thousand worldwide.

    iii. Has great potential for healthtourism to Thai visitors.

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    www.tdap.gov.pk

    +92 21 99206484

    [email protected]

    www.facebook.com/groups/TDAP2011/

    www.linkedin.com/company/622505?trk=tyah

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    www.expopakistan.gov.pk

    www.facebook.com/EXPOPAKISTAN

    @Xpopakistan2013

    +92 21 99206808

    [email protected]

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    C i ht W d h S ft