Trade Development
Authority of Pakistan
OPTING FOR EXPORTS
EXPORTING GOODS AND SERVICES PROVIDE A FIRM
WITH MANY ADVANTAGES AS:
1. A developing country like Pakistan has to import more and more to meet its productionanddevelopment needs. Exports produce the means to pay for these imports, and provides a significant contribution to foreign exchange earnings.
2. Possibility of selling to a much larger market resulting in economies of scale in production.
3. A much larger growth rate as overseas markets usually expand much faster than the domestic ones.
4. Allow firms to keep their order books full thereby maintaining their staff, by offering more attractive terms.
5. Allow firms to obtain international and government support in developing new markets and acquiring new technology and skills this are necessary for economic development.
6. This contributes in the development of skills, which is vital to a country undergoing industrialization.
7. It creates job opportunities.
8. Exports enjoy special incentives and privileges not available in other trades.
9. Exports paves the way towards self-reliance, strength and prosperity.