Over the stretch of the past six to seven years, Pakistan's trade deficit has only worsened instead of improving. The element of self-reliance lacking in the mechanism of Pakistan's economy is one major reason as to why Pakistan has to import goods mainly on heavy prices from other countries. In comparison to the heavily priced imports that mostly comprise of manufactured goods, the exports of Pakistan in the international market constitute chiefly of raw materials or semi-manufactured goods that are a great deal cheaper and lesser in demand as compared to the market of manufactured goods. Another factor that contributes towards exacerbating Pakistan's trade deficit is the paucity of variety in the gamut of Pakistani exports. The textile sector constitutes a major part of our exports and although the exports of Pakistan have increased from before they still contribute very little to the overall Gross National Product of the country.
