EXPORTS

S.M. ABBAS ZAIDI,
Research Analyst
, PAGE
July 28 - Aug 03, 2008

Currently the exports of Pakistan are around $19 billion (2007-08). Pakistan's major exports are textile goods (garments, bed linen, cotton cloths, and yarn), rice, leather goods, sports goods, chemicals manufactures, carpets and rugs along with many other products which constitutes over 67 percent of the total exports..

EXPORTS COMMODITIES

FY 2007 (%)

Textile

54.46

Rice

7.74

Leather

7.49

Petroleum products

6.68

Fruits & vegetables

1.44

Surgical instruments

1.43

Fish

1.39

During December, 2007 the 9 selected commodities of Textile Manufactures contributed 54.46% of total exports in which the share of Cotton fabrics was (10.70%), Bed-wear (10.59%), Knitwear (9.83%), Articles of apparel & clothing accessories (7.68%) and Cotton yarn (6.75%). During December, 2007 the 6 selected commodities of Primary Commodities contributed 10.75% of total exports in which the share of Rice was (7.74%), Fruit, vegetables & preparation thereof (1.44%) and Fish & fish preparation (1.39%). The 7 selected commodities of Other Manufactures contributed 19.20% of total exports in which the share of Petroleum products was (6.68%), Leather (7.49%), surgical instrument (1.43%) and Carpets, carpeting, rugs & mats (1.37%) during the year.

YEARS

EXPORTS (BILLION $)

2001-02

9.13

2002-03

11.16

2003-04

12.3

2004-05

14.4

2005-06

16.45

2006-07

16.97

2007-08

19

2008-09 Projections

22.10


TOTAL EXPORTS AND IMPORTS 
(Value in million US $)

SERIES

FY07-08
(JULY- MAY)

FY07-08
(JULY- MAY) Target

FY06-07
(JULY- MAY)

FY06-07
(JULY- MAY) Target

% CHANGE IN JULY - MAY FY07 -FY08
OVER JULY - MAY FY06 - FY07

Exports

17,186

17,354

15,432

16,749

11.37

Imports

35,943

25,250

27,743

22,250

29.56

Balance

(18,756)

(7,896)

(12,311)

(5,501)

52.35


EXPORTING COUNTRIES

VALUE IN 000 $

S.NO

COUNTRIES

2005-06

2006-07

1

USA

4,192,725

4,183,427

2

UAE

1,312,757

1,385,082

3

HONG KONG

679,184

653,903

4

CHINA

463,919

575,903

5

UK

894,321

950,187

6

AFGHANISTAN

1,063,463

753,939

7

GERMANY

687,368

701,347

8

ITALY

585,285

639,680

9

SPAIN

415,513

465,504

10

NETHERLANDS

399,034

441,968

11

TURKEY

304,492

389,924

12

BELGIUM

321,882

360,086

13

FRANCE

336,740

346,150

14

INDIA

293,310

342,918

15

SAUDI ARABIA

329,328

289,118

16

SOUTH AFRICA

260,610

280,636

17

BANGLADESH

268,481

261,947

18

CANADA

208,999

201,635

19

SRI LANKA

159,212

200,605

20

SOUTH KOREA

191,224

174,087

21

IRAN

188,056

167,545


EXPORTING COMMODITIES

VALUE IN $

COMMODITIES

JULY-JUNE
2005-2006

JULY-JUNE
2006-2007

Raw cotton ( a.u.p/ m.t)

1,087.67

1,114.52

Cotton yarn (a.u.p/ k.g)

2.06

2.15

Yarn (a.u.p/ k.g)

2.14

2.18

Cotton cloth (a.u.p/sq.m)

0.80

0.92

Knitted (a.u.p/ sqm)

1.33

1.43

Readymade garments per doz

35.18

34.06

Knitwear ( hosiery ) (a.u.p/ doz)

20.67

20.01

Bed ware per k.g

5.43

5.44

Towels (a.u.p/ k.g)

3.70

3.78

Tents and canvas ( a.u.p/ k.g)

2.27

2.67

Art silk & synth tex . (A.u.p/sq.m)

0.69

0.79

Cotton bags (a.u.p/ k.g)

4.12

4.18

Cotton waste (a.u.p/ k.g)

0.50

0.59

Cotton thread (a.u.p/ k.g)

4.05

3.72

Waste material tex. ( a.u.p/ k.g)

0.70

0.68

Rice (a.u.p/ m.t)

313.88

359.79

Rice basmati (a.u.p/ m.t)

571.65

612.75

Rice others (a.u.p/ m.t)

237.99

256.39

Leather (a.u.p/ sq.m)

16.83

16.71

Leather gloves (a.u.p/ doz)

33.67

33.70

Leather clothing (a.u.p/ doz)

478.07

457.14

Leather manuf (a.u.p/ k.g)

24.28

24.58

Foot ball (a.u.p/ doz)

36.87

37.66

Gloves ( sports ) ( a.u.p/ doz)

34.21

33.10

Woollen carpets & rugs (a.u.p/sq.m)

66.88

66.65

Woollen carp. Mach.m (a.u.p/sq.m)

16.79

19.77

Raw wool (a.u.p/ k.g).

0.85

0.91

Surgical instruments a.u.p. No.

1.22

1.36

Petro products (a.u.p/ m.t)

527.19

582.02

Molasses (a.u.p./ m.t)

87.68

75.26

Leather footwear (a.u.p/ pairs)

9.90

9.73

Canvas footwear (a.u.p/ pairs)

2.80

2.73

Fish & fish prepar (a.u.p/ k.g)

1.51

1.52

Fruits (a.u.p/ k.g)

0.28

0.33

Vegetables (a.u.p/ k.g)

0.26

0.25

Wheat (a.u.p/mt)

0.00

210.98

Marble & stones (a.u.p/ m.t)

177.86

210.49

Oil seeds ( a.u.p/ k.g)

0.64

0.71

Spices ( a.u.p/ k.g)

1.18

1.35

A U P: Average unit price.

CONCLUSION

The exports of Pakistan were raised by 15 percent during FY2007-08. The government has revised its exports growth of 15 percent by targeting exports of $ 22.10 bn during FY 2008-09. The Textile Ind contributes the highest exports for Pakistan. However, today the industry is in crisis because the govt is not supporting the research and development of the textile sector, for this reason the govt may not be able to achieve export targets for the current fiscal year. The main priority of this Govt should be to encourage the investors in order to increase the manufacturing plants which will ultimately make a positive impact on the exports.