GLOBAL RECESSION & PAKISTAN

S.M. ABBAS ZAIDI, S.KAMAL HAYDER KAZMI,
Research Analyst
, PAGE
Mar 9 - 15, 2009

IMPORTS BY MAJOR COUNTRIES IN PAKISTAN
(Million Rs.)
  JUL-2008 TO OCT-2008 JUL-2007 TO OCT-2007

COUNTRIES

VALUE % SHARE VALUE % SHARE
Saudi Arabia 161,375.69 14.95 84,536.94 12.2
China 120,662.38 11.18 89,288.47 12.89
United Arab Emirates 110,027.62 10.19 63,830.21 9.21
Kuwait 98,845.33 9.16 36,149.68 5.22
Malaysia 43,567.88 4.04 27,849.12 4.02
U.S.A 42,147.93 3.9 61,305.18 8.85
Japan 38,234.06 3.54 32,076.15 4.63
Germany 36,159.51 3.35 22,740.68 3.28
India 32,063.71 2.97 21,258.41 3.07
Indonesia 27,327.91 2.53 16,515.09 2.38
Russian Federation 25,856.62 2.4 3,875.73 0.56
Iran (Islamic Rep.) 24,817.38 2.3 12,329.07 1.78
United Kingdom 19,733.57 1.83 14,217.87 2.05
Singapore 19,455.82 1.8 10,404.75 1.5
Qatar 18,826.85 1.74 9,462.00 1.37
EXPORTS TO MAJOR COUNTRIES FROM PAKISTAN
U.S.A. 93,918.77 18.62 80,570.62 22.95
United Arab Emirates 48,069.62 9.53 33,019.45 9.4
Afghanistan 40,908.76 8.11 22,640.61 6.45
United Kingdom 23,628.59 4.69 20,184.88 5.75
China 19,530.01 3.87 11,476.61 3.27
Germany 19,271.27 3.82 14,494.01 4.13
Italy 16,974.52 3.37 13,383.55 3.81
Iran (Islamic Rep) 14,043.54 2.78 2,387.69 0.68
Netherlands 13,272.89 2.63 8,942.18 2.55
India 13,225.62 2.62 5,726.29 1.63
Turkey 11,749.52 2.33 9,617.89 2.74
Hong Kong 11,220.66 2.23 10,774.35 3.07
Saudi Arabia 10,784.53 2.14 5,809.12 1.65
Belgium 10,767.69 2.14 7,613.85 2.17
Bangladesh 10,337.37 2.05 5,159.75 1.47
Source: FBS


EXPORTS OF TEXTILE PRODUCTS FROM PAKISTAN
(MILLION RS)
YEAR/
MONTH
RAW COTTON COTTON FABRICS COTTON YARN THREAD KNITWEAR BED-WEAR WOOLEN CARPETS & RUGS
2004-05 6,549.3 110,578.7 62,805.6 96,879.8 86,063.9 16,216.9
2005-06 4,079.7 126,195.4 82,812.8 104,839.3 121,997.7 15,248.0
2006-07 3,047.8 122,872.8 86,669.7 109,021.9 121,006.0 13,923.9
2007-08 4,426.1 126,172.6 81,745.9 117,188.9 119,032.1 13,295.4
Source: FBS


FOREIGN INVESTMENT INFLOWS IN PAKISTAN (Million $)
YEAR GREENFIELD
INVESTMENT
PRIVATIZA-TION
PROCEEDS
TOTAL FDI PRIVATE
PORTFOLIO
INVESTMENT
PUBLIC
PORTFOLIO
INVESTMENT
TOTAL FOREIGN
INVESTMENT
2001-02 357 128 485 -10 -483 -8.4
2002-03 622 176 798 22 -261 559.1
2003-04 750 199 949 -28 339 1,260.70
2004-05 1,161 363 1,524.00 153 458 2,134.60
2005-06 1,981 1,540 3,521.00 351 613 4,485.00
2006-07 4,873.20 266 5,139.60 1,820 1,468.30 8,428.20
2007-08 5,019.60 133.2 5,152.80 19.3 20.8 5,193.00
2008-09 (July-Dec) 2,327.28 - 2,327.28 -163.81 -24.50 2,138.97
Total 17,091.08 2,805.20 19,896.68 2,163.49 2,130.60 24,191.17
Source: BOI


CEMENT EXPORTS FROM PAKISTAN
(VALUE IN 000 $)
  JULY-OCTOBER
COUNTRIES 2008-09 2007-08 VAR.
AFGHANISTAN 57,841 44,952 12,889
U.A.E. 24,320 12,160 12,160
OMAN 21,165 8,336 12,829
DJIBOUTI 21,117 13,195 7,922
QATAR 21,076 9,789 11,286
INDIA 16,686 2,518 14,169
KUWAIT 10,695 1,740 8,955
SUDAN 8,962 7 8,956
BAHRAIN 4,516 14 4,503
IRAQ 4,054 2,071 1,983
MAURITIUS 1,650 - 1,650
SOMALIA 1,477 - 1,477
MALDIVES 1,186 50 1,136
IRAN 281 - 281
KENYA 184 - 184
SOUTH AFRICA 50 - 50
BAHAMAS 47 23 24
MADAGASCAR 35 - 35
CANADA 23 - 23
U.S.AMERICA 21 - 21
SOURCE: TDAP


COUNTRIES UNEMPLOYMENT RATE
(2008)
COUNTRIES RATE IN PERCENT
Afghanistan 40
Pakistan 7.5
India 7.2
Bangladesh 2.5
UK 5.4
USA 4.6
UAE 2.4
Sri lanka 6.3
Iran 11
Saudi Arabia 13
Source: CIA World Facebook


INFLATION (CPI %) JANUARY, 2008-09
INFLATION 2007-08 JANUARY JULY- JANUARY
Target 2007-08 2008-09 2007-08 2008-09
Overall Inflation 12.0 11.0 11.9 20.5 8.6 23.8
Food 17.6 - 18.2 21.6 12.5 29.8
Non-Food 7.8 - 7.3 19.7 5.8 19.2
Non-food, non-energy 8.1 - 7.2 18.5 6.0 18.4
Source: Ministry of Finance