The USA is one of the largest economies in the world. Apart from being the largest economy, it is also the superpower of the world. US currency Dollar $ in which the international trade takes place is the most globally accepted currency. The dominance of the USA in the world economy and trade can be judged by the fact that the dollar $ is a globally recognized currency for money exchange. The USA is one of the largest importers of products in the world. The USA is also one of the largest exporters in the world.
Trade is the basis of the financial stability of any country. Countries have been exporting the product they produce to earn foreign exchange. Nowadays the most acceptable currency for foreign trade in the world is the dollar $. The dollar is an American currency. The USA is the strongest economy in the world. Most of the countries in the world are interested in developing trade relationships with the USA. Pakistan is not the exception and is also interested in developing a trade relationship with the USA. Shipping from Pakistan to USA started since the early 1950s.
USA & Pakistan Trade:
The trade volume and its currency dollar $ make the USA an attractive trade market globally. Every country in the world has a preference to do trade with the USA. Thus, Pakistan is not an exception and is also keen on developing trade relations with the USA. Pakistan has been trading with the USA since the 1950s. Pakistan exports different products such as textile, home textile, apparel, rice, fruits, salt, handicrafts, etc. to the USA. On the other hand, the USA exports machinery, scrap, etc. to Pakistan. The trade balance between Pakistan and the USA is in favor of Pakistan. As the USA exports fewer products to Pakistan than Pakistan exports them to the USA.
Since the last decade, the trend of e-commerce has been picking up. The USA eCommerce giant company AMAZON is very popular here in Pakistan. A lot of businesses have registered themselves with Amazon, for the fulfillment of their orders in the USA. E-commerce businesses are Shipping from Pakistan to the USA their products to the fulfillment center of Amazon in the USA.
Pakistan is an agriculture-based country that produces agricultural-based products. Such as textile, apparel made from cotton, rice, salt, etc. The major export product from Pakistan is textile. The USA is a major textile, apparel, home textile market for Pakistan. Businesses have been shipping from Pakistan to the USA such as textile, apparel. Etc. Trade between Pakistan and the USA usually take place through air and sea shipping
Volume of the trade from Pakistan to the USA
Trade between Pakistan and the USA has been increasing from the very start. Year 2020, Pakistan was exporting around dollar $ 4.1 billion exports to the USA. 2019 shipping from Pakistan to the USA was valued at approx. $4 Billion. In 2018, the volume of trade from Pakistan to the USA was $ 3.8 billion. In the year 2017, the shipping from Pakistan to the USA was valued at approx. $3.5 Billion. So In 2016, shipping from Pakistan to the USA was valued at approx. $ 3.3 Billion. From the above figure, it is evident that the exports from Pakistan to the USA have been increasing on yearly basis.
On the other hand, the shipping to Pakistan from the USA is also steadily increasing. Although the balance of trade is in favor of Pakistan. Year 2020, witnessed the shipping to Pakistan from the USA was approx. $ 2.9 Billion. In the year 2019, the shipping to Pakistan from the USA was valued at approx. $ 2.6 Billion. And in 2018, the exports of the USA to Pakistan were approx. $ 2.8 Billion. In the year 2017, the shipping to Pakistan from the USA was valued at approx., $ 2.8 Billion. 2016, the value of shipping to Pakistan from the USA was approx. $ 2.1 Billion. It can be figured from the above chart that the exports to Pakistan from the USA are increasing steadily on a yearly basis.
Shipping methods of trade between Pakistan and the USA
There is no land route for Pakistan to the USA. All shipping is done through two modes of transportation: air and sea shipping. Both modes of transportation have their own merits and demerits. Below we can discuss both modes of transportation. Both modes of transportation have their own merits and demerits. Below we can discuss both modes of transportation.
Ddp air shipping is one of the popular modes of transportation for shipping from Pakistan to the USA. Ddp air shipping is the fastest and most reliable term of shipping, that gives the buyer the ease of getting the product at its doorstep. Although air transportation is faster, it is more expensive than DDP sea shipping. Air cargo also has some limitations to the weight and type of cargo it can transport, as compared to sea shipping. One should know about the major airports in Pakistan for shipping by air to the USA.
- Jinnah International airport, Karachi
- Alama Iqbal international airport, Lahore
- Islamabad International Airport, Islamabad
Major airport in USA as follows
- Hartsfield- Jackson Atlanta International airport
- Los Angeles international airport
- Dallas international airport
Ddp Sea shipping is the most widely use method from Pakistan to USA shipping. Ddp sea shipping can transport, under DDP delivery service, a large volume of goods as compare to air cargo. Major port in Pakistan are as follows:
- Port Qasim, Karachi
- Karachi Port, Karachi
For shipping from Pakistan to the USA following methods can be use:
- Express shipping
- Amazon fba
This kind of DDP logistics is usually use to transport samples and small quantities from Pakistan to the USA shipping. DHL and FedEx are offering express shipping services to the doorstep of the importer in the USA.
This is also a very popular method for sipping from Pakistan to the USA. In amazon FBA the exporters send their product from Pakistan to the USA to the Amazon fulfillment center. The Amazon fba fulfills the order on behalf of the exporter from Pakistan to the USA.