Pakistan is poised for a major economic transformation as defense exports surge, with tracked deals potentially reaching $13 billion.
This wave of agreements, spanning fighter jets like the JF-17 Thunder, Al-Khalid tanks, drones, armored vehicles, naval systems, ammunition, and small arms, targets markets in Africa, the Middle East, Asia, and beyond, according to KTrade report.
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Bolstered by the battle-proven performance of Pakistani equipment—particularly the JF-17 in recent regional conflicts—these exports are seen as a key driver for foreign exchange inflows, industrial growth, and job creation over 2026-2030.
Strategic Partnerships Fuel Export Momentum
Key deals involve countries such as Saudi Arabia (in advanced talks to convert $2 billion in loans into JF-17 purchases), Indonesia (discussing cooperation), Bangladesh (exploring acquisitions), and African nations like Libya, Sudan, Nigeria, Ethiopia, Algeria, Zimbabwe, and others.
The JF-17 Thunder, co-developed with China and produced domestically at Pakistan Aeronautical Complex (PAC) Kamra, stands out as a flagship product. Institutions like Heavy Industries Taxila (for tanks), Pakistan Ordnance Factories (POF), and Karachi Shipyard are gearing up for scaled production.
These geo-strategic engagements, enhanced post recent diplomatic successes, position Pakistan as a reliable supplier for nations seeking affordable, high-quality arms without stringent conditions.
Economic Supercharge and Long-Term Gains
Analysts project an 82% jump in foreign exchange reserves from these inflows, aiding the Uraan Pakistan goal of $60 billion in exports by 2029.
The boom catalyzes investments in supporting industries—avionics, components, and training—while creating widespread employment. A robust defense tech sector could spill over into broader technology advancements, including drones and advanced missiles.
With global defense spending rising amid conflicts, Pakistan’s export push offers a pathway to economic stability, reduced reliance on loans, and strengthened external accounts.