Also in the news...
Foreign Office travel advice updates
Latest travel information for British nationals affected by the situation in the Middle East.
Check if you need a UK visa
You may need a visa to come to the UK to visit, study or work.
Apply to use simplified declarations for imports you entered in your records without authorisation
Choose how you’ll make supplementary declarations for goods that you entered into your own records without authorisation.
UKEF backs Leicester sustainable packaging firm in Australian expansion
UK Export Finance announces support for a UK luxury sustainable packaging company to expand into new foreign markets.
Hundreds of new UK jobs as Nigerian companies confirm millions in investment
Hundreds of new UK jobs are set to be created as Nigerian companies scale up their operations, reinforcing Britain's position as a leading global business hub.
Doing business in Pakistan
Pakistan export overview
Pakistan is a developing market with a young and growing population of around 186 million.
About 55 million live in urban areas. It’s estimated that Pakistan’s cities generate up to 78% of national Gross Domestic Product (GDP), with Karachi alone contributing about 20%. The growing / aspirational middle class has an appetite for creative, innovative and high quality goods and services.
Over 100 British businesses are currently doing business in Pakistan, including well-known companies such as Standard Chartered, GlaxoSmithkline, Shell, Toni and Guy, Debenhams and Unilever.
Pakistan is ranked 128th by the World Bank in itsEase of Doing Business Index, higher than India and Bangladesh.
Benefits for UK businesses exporting to Pakistan include:
- Common business language
- Location in the middle of Asia making Pakistan a gateway to northern India, Afghanistan, Tajikistan, Kyrgyzstan, Uzbekistan, Kazakhstan and western China
- Similar legal practices
- Familiarity with UK companies and brands
- Growing middle class
Strengths of the Pakistan market include:
- Sixth most populous country with over 50% population under the age of 25
- Strong business and consumer base
- Ninth largest English speaking nation
- Investor friendly
- Home to over 600 foreign companies
- Links with Pakistani migrant communities in the UK
- Educated workforce
- Low production and labour costs