The big players still not sure about the sustainability of this boom in the coming years
International trade is carried out through ships and aeroplanes. Land routes are also important but most of the trade among nations is done through sea and air cargo. Over the years the volume of air freight has increased significantly and with this shift towards air cargo facility more aeroplanes have been engaged for this purpose.
The United Kingdom is one of the most advanced countries of the world and has strong cargo industry to transport millions of tons of goods in all parts of the globe. Air Cargo from the UK to Pakistan is sent through air but the latter option is used more than the former.
The number of small parcels has increased which gives rise to the demand for more space particularly near the end of every year. The big players still not sure about the sustainability of this boom in the coming years so they are reluctant to spend on building their resources further.
Fast communication has changed things to a great extent and purchasing from any part of the world is as easy as ordering delivery of goods from a domestic supplier.
While making such shifts cost of ocean cargo
Ocean freight is transported in huge vessels and emissions of these big carriers have a deteriorating impact on the environment so from the very first day of next year international marine organization’s ambitious regulation will come into effect to reduce marine-oil pollution.
This will push the marine carriers to shift to other fuels to meet the new standards to keep moving. While making such shifts cost of ocean cargo will increase and will result in a reduction of volume of trade through this means. Calculation of Sea freight rates will also change and at present, there is much confusion on this.
This expansion has created a lot of opportunities for the UK
More exports mean more production at manufacturing units so the governments always in search of new markets for the goods are produced in the country. The United Kingdom after leaving the European Union and having no restriction to get into trade deals has been eying at Asian markets, in particular, to keep increasing its exports.
The economy of Pakistan has been expanding and this expansion has created a lot of opportunities for the UK and other nations. The current volume of bilateral trade between Britain and Pakistan does not reflect true potential and to enhance it both sides are making endeavours at different levels.
The market is big and no language barrier
The United Kingdom has been facilitating Pakistan in many ways which result in more exports of Pakistan to this destination than imports from the same. Presence of over a hundred UK companies in Pakistan is another encouragement for the new companies and traders to start a business there.
The market is big and no language barrier so just easing policies of trade between the two countries can easily enhance the movement of goods in the coming days. Feedback from traders and important information gathering through research of the market has made several things possible for the governments.
It can be predicted without a doubt that in the coming day’s goods transportation between the two countries will substantially increase.
