Trade volume due to agreement between the two states was $13 billion in 2013, and reached to $20 billion by 2015 when both countries signed 51 agreements and Memorandums of Understanding (MoUs) for cooperation in different fields.[5] China had been contributing significantly to Pakistan’s imports even before the FTA was signed and has seen considerable improvement in its ranking after the FTA was implemented in 2007. By 2012, it was the source for 15% of Pakistan’s overall imports from the world as compared to 9.8% in 2006.[6][7]