Pakistan still lacks appropriate technology and expertise to establish a viable industrial base in electronics sector, as only 3 percent is contributed by the sector. Electronics, which is world’s largest industrial sector and most lucrative consumer market with an annual turnover of US$ 1.5 trillion, needs special attention.
Imports in Pakistan increased to 392510 PKR Million in November of 2013 from 348471 PKR Million in October of 2013. Imports in Pakistan averaged 50427.04 PKR Million from 1957 until 2013, reaching an all time high of 427531 PKR Million in May of 2013 and a record low of 96 PKR Million in April of 1959. Pakistan main imports are: fuel (40 percent of total imports); machinery and transport equipment (18 percent); chemicals (16 percent); food and animal or vegetable oils (13 percent) and manufactured goods (12 percent). Main import partners are: United Arab Emirates (17 percent), China (15 percent), Saudi Arabia (11 percent) and Kuwait (9 percent).
Due to lack of technology and expertise Pakistan is importing thousands of TEU’S annually from China and other countries. Commodity varies from AC, Dispensars, Home Appliances, Microwave ovens, Fridge, Freezers, Fans, Tv and other electronics items. Sealand is one of the player helping Electronics importers importing goods from China and other countries smoothly.