4.
The Ministry of Commerce has established the
Services Trade Development Council which give a
major boost to the export of services.
The State Bank of Pakistan reduced its mark-up rate
on Export to promote trade.
Initiatives Undertaken for
Export Promotion
5.
Free Trade Agreements play an important role in the
promotion of exports
Currently Pakistan is dealing with following countries
China Pakistan FTA (CPFTA)
Malaysia- Pakistan FTA (MPCEPA)
Pakistan -Sri Lanka FTA (PSFTA)
SOUTH ASIAN FREE TRADE AREA (SAFTA)
Free Trade Agreements
(FTAs)
6.
Analysis of group-wise exports Food group faces a
decline of 11.6 percent in 2017.
Textile Manufacture face decline of 0.9 percent
during July-March 2017.
Petroleum and coal group’s exports recorded a
growth of 8.0 percent in year 2017.
Overall Exports during July-March, 2016-17
decreased to US$ 15.119 billion from US$15.597
billion during July-March, 2015-16.
Structure of Exports
7.
Structure of Exports
Particulars
July-March Values
In Million Dollars
2015-2016 2016-2017
A Food Group 3,037.8 2,685.9
B Textile Manufactures 9,362.3 9,278.9
C Petroleum 128.9 139.2
D Other Manufactures 2,386.7 2,274.1
E All Other items 681.7 740.5
Total 15,597.5 15,118.6
10.
Efforts are being made to explore new markets
specifically in Asian regions where a lot of potential
exists
Major Export Market links are given in table
Direction of Exports
11.
2016-17
Country Rupees % Share
USA 266 17
China 120 8
Afghanistan 91 6
UK 122 8
Germany 93 6
UAE 58 4
Bangladesh 50 3
Italy 50 3
Spain 63 4
France 28 2
All Other 639 40
Total 1580 100
Major Exports Markets
Source : Pakistan Bureau of Statistics
13.
Bring (goods or services) into a country from abroad for
sale
Import
14.
Pakistan’s imports getting faster rate (18.7 percent)
due to the increased economic activity as part of
China-Pakistan Economic Corridor (CPEC).
Import
15.
Structure of Imports
Particulars
July-March Values
In Million Dollars
2015-2016 2016-2017
A Food Group 3,938 4,528
B Machinery Group 4,321 6,465
C Petroleum 5,584 6,686
D Consumer Durables 2,727 3,470
E Raw Materials 5,714 5,610
F Telecom 1,046 1,028
G All Other Items 2,799 3,139
Total 32,444 38,503
16.
Month
($ million)
2015-2016 2016-2017
July 3347.6 3556.9
August 3802 4331.2
September 3461 3857.5
October 3894 4013
November 3817.3 4230.5
December 3817.3 4488.3
January 3455.1 4723.8
February 3280.4 4419
March 3547.1 5009.2
Monthly Average 3,602.4 4,292.2
Monthly Imports
17.
Pakistan imports from countries like China , Saud
Arabia, UAE, and Indonesia constitutes around 50
percent of the total imports
Direction of Import
18.
2016-17
Country Rupees % Share
China 1140 28
UAE 561 14
Saudi Arabia 157 4
Kuwait 105 3
Indonesia 167 4
India 122 3
USA 178 4
Japan 149 4
Germany 77 2
Malaysia 69 2
All Other 1289 32
Total 4018 100
Major Imports Markets
Source : Pakistan Bureau of Statistics
20.
The remittances reached to US$ 14.1 billion during
July-March 2017 as compared to US$ 14.387 billion
and registered a negative growth of 2.3 percent as
compared to last year.
Workers’ Remittances
21.
The major share of remittances originate from
Saudi Arabia 29.01 percent (US $ 4078.07 million)
U.A.E 22.23 percent (US $ 3124.40 million)
USA 12.3 percent (US $ 1729.60 million)
other GCC countries 12.14 percent (US $ 1706.04
million)
U.K 11.77 ( US $1655.06 million)
EU 2.37 percent ( US $332.54 million)
other countries 10.19 percent
Workers’ Remittances
22.
Government is taking great care in recent months as
a result the negative effects of exports became less.
The imports after improvement become grew by a
large percentage of 18.7
Financial account balance increased by 42.5
percent during July-March,2017
Conclusion