77
million, implying and annual growth rate of 12 percent.
In the same period, exports have gone up from the marginal level of $7 million to about $126 million. What is the composition of imports and exports according to the digit level of the HS code This is given in
Table 8.1.
Table 8.1 COMPOSITION OF PAKISTAN’S IMPORTS AND EXPORTS OF AUTOMOTIVE PRODUCTS, 2009-10 HS Code No Description Share (%) Imports Exports 8701 Tractors
14.5 44.7 8702 Buses (10 or more persons)
6.3
-
8703 Cars
49.4 2.6 8704 Trucks & Vans
13.2 5.3 8705 Special Purpose Vehicles
1.3
-
8706
Chassis with Engines -
-
8707 Bodies
-
-
8708 Parts and Accessories
7.0 21.1 8709 Works Vehicles
0.1
-
8710 Tanks &
other Armoured Vehicles 0.4
-
8711 Motorcycles
6.2 21.1 8712 Bicycles
-
-
8713
Invalid Carriages -
-
8714 Parts of Cycles
1.3
-
8715 Baby Carriage and Parts
-
5.3 8716
Trailers and Parts 0.3
-
Total 100.0 100.0 Source: Export of Goods & Services 2010,
SBP. The major automotive imports consist of CBU/CKD cars, trucks and tractors. Parts and accessories and motorcycles also account for significant share of imports. As opposed to this, the base of exports is small and narrow, with
emerging exports of tractors, autoparts and motorcycles. The origins of major Pakistani automotive imports are given in
Table 8.2. Japan is traditionally the largest supplier of the range of autoparts products given the domination of
78
Japanese MNCs in the domestic market. Emerging
sources are Turkey in tractors, Singapore and Thailand for cars and parts, South Korea in trucks and China in the case of motorcycles.
Table 8.2 ORIGINS OF MAJOR IMPORTS BY PAKISTAN OF AUTOMOTIVE PRODUCTS SHARE (%) Tractors (8701) Cars (8703) Trucks (8704) Share with your friends: 
