Starting an export business can be really scary. A lot of people who want to export things from Pakistan worry about losing their money if the business does not work out. The good thing is that some areas of business are safer than others. Some things that Pakistan exports are already in demand around the world and the country has been doing it for a long time so it is easier for new exporters to succeed.
In this guide we will look at five areas where Pakistan’s already good at exporting things. If you are thinking about starting an export business and you want to do something that you know will work then you should look at these areas. Pakistan already has an advantage, in these areas so you will have a chance of doing well.
1. Textiles and Apparel The Main Thing Pakistan Exports
When it comes to exporting things from Pakistan textiles and clothes are the place to start. This is because Pakistan makes a lot of cotton. In fact Pakistan is one of the cotton producers in the world. This helps our country make a lot of clothes like T-shirts, jeans and bedwear that’re good enough to sell in other countries.
So why do people who start exporting textiles and clothes usually do well
- Factories in Pakistan already follow rules for making sure products are good quality. This means that there is chance of products being rejected.
- We already have a system in place for making clothes from getting the cotton to making the product. This means you do not have to start from scratch.
- Many countries, like the European Union and the United States always want to buy these products.
If you look at the numbers you can see that textiles and clothes are a deal for Pakistan. For a time they have made up about half of all the things Pakistan exports. This makes them the biggest part of our export economy. A lot of people in Pakistan also work in this industry, which’s worth hundreds of billions of dollars worldwide.
Some of the things Pakistan exports are
- Cotton yarn and cotton fabric
- Ready-made clothes like T-shirts and jeans
- Knitwear and bedwear
- Towels and other textile products
The good thing for people who are just starting out is that you do not need to own a factory to export these products. There are already small factories in Pakistan that make good products but do not export them themselves. You can work with these factories sell their products in countries and have them make the products for you.
2. Agricultural Products Rice and More
Pakistan is a country that grows a lot of food. This is a big opportunity for exporting. One of the things we export is a type of rice called Basmati rice.
Basmati rice from Pakistan is known over the world for being good quality. It has a smell and taste that people like. Because of this it is one of the popular types of rice that people export. Growing food is a part of Pakistans economy and it makes up about 20% of our total economy.
So why do people who start exporting products usually do well
- Pakistans weather and soil are good for growing rice and other foods. This means that we can always grow enough.
- Our rice is already known for being quality so we do not have to work as hard to convince people to buy it.
- Many countries, like those in the Middle East and Europe always want to buy our rice.
In one year Pakistan exported over a million tons of Basmati rice, which’s worth over a billion dollars. We also export a lot of fruits and vegetables like oranges, mangoes and dates. These products are worth hundreds of millions of dollars each year. The global market for exporting food is worth over a trillion dollars. Is still growing.
If you want to export something that Pakistan’s already good at making and that people in other countries want to buy then agricultural products, like rice are a good choice.
3. Leather Goods A Great Category for Export
Pakistan is really good at making leather things like jackets, shoes, gloves and bags. People around the world like these things. Pakistan makes a lot of leather. That helps when we sell these things to other countries.
So why do people not fail when they export leather goods from Pakistan
- Leather things made in Pakistan are very strong and good so people do not send them back.
- People in places like Europe and North America always want to buy leather things.
- These things last a time so people are happy and they buy again.
Leather goods are a part of what Pakistan sells to other countries. We sell a billion dollars worth of leather things every year. The world is going to want leather things in the future so this is a good category to be in.
One thing to remember: it costs a lot of money to start making leather things because the materials and the process of making them are expensive.. You do not have to buy a lot of things at once. You can start with an amount and see how it goes.
4. Sports Goods Pakistan is Really Good at This
When it comes to sports equipment, things for cricket Pakistan is one of the best in the world. We make bats, balls and other things that big sports brands like. They buy these things from us because they are very good.
So why do people not fail when they export sports goods from Pakistan
- We have been making sports equipment for a time so we are very good at it.
- The things we make are already good enough for sports brands.
- People who play cricket and big sports brands always want to buy these things.
Sports goods are not a part of what Pakistan sells but that is because it is a special category. We still sell hundreds of millions of dollars of sports things every year and many people have jobs because of this. The world is going to want sports equipment in the future so this is a good category to be in.
5. Pharmaceutical Products A Great Category for Export
The fifth category is pharmaceuticals, especially generic medicines. Many people around the world want these medicines because they are cheap and good. Pakistan is a place where people can buy these medicines.
So why do people not fail when they export products from Pakistan
- We make sure that our medicines are very good so people do not send them back.
- We have places that make medicines and they are very good.
- Many people in the world want these medicines so there is always demand.
Pakistan has places that make medicines and we sell hundreds of millions of dollars worth of medicines every year. The world is going to want medicines in the future so this is a good category to be, in.
One thing to remember: it is not easy to start selling medicines if you have never done it before. There are rules to follow.. You can partner with a company that already sells medicines and that can make it easier.
Final Thoughts Choosing the Right Export Sector for You
When you start exporting things you always worry that you will put in a lot of time and money and it will not work out.. Some export businesses are safer than others. For example textiles and apparel agricultural products like Basmati rice, leather goods, sports equipment and pharmaceuticals are all choices.
These export businesses have some advantages that make them safer. They already have systems in place people in other countries want to buy these things they have good quality standards or they have access to natural resources that are hard to find elsewhere.
If you really want to start an export business it is an idea to start with one of these sectors. You will have a chance of succeeding because people already know that Pakistan can make good products. Your main job is to find the buyers in other countries, for these products.
