Cutlery, in general, refers to all types of cutting instruments which may be used for industrial, commercial or domestic purposes. Cutlery products are generally classified into two categories namely kitchenware and non-kitchenware.
- According to trade map data, the global imports and exports were US$ 10,727 million and US$ 9,571 million respectively for the year 2009.
- The imports and exports of Pakistan were US$11.83 million and 52.88 million respectively for the same period.
- The analysis of the data shows that Pakistan’s share in global exports is a mere 0.55% despite the potential.
The first Investment Policy by Board of Investment (BOI) was given in 1997 which opened services, social, infrastructure and agriculture sectors for foreign and local investors. It was a major step forward for integration of Pakistan’s economy into international markets as prior to this policy; foreign investment was restricted to manufacturing sector only. The 1997 Policy laid a solid foundation for the gains in FDI inflows experienced over the subsequent decade.
Foreign Direct Investment in Pakistan increased by 2761.10 USD Million in 2016. Foreign Direct Investment in Pakistan averaged 2651.26 USD Million from 2010 until 2016, reaching an all time high of 3184.30 USD Million in 2010 and a record low of 2099.10 USD Million in 2012.