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Pak exports for Jan $2.14b up 8% from Jan 2020. Reaches $14.24b July-Jan

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Exports are down by Usd 200 million when compared with Dec 2020

They do fluctuate month to month in a FY it's natural, same as for remittances. That's why YoY comparison and overall number is important. For the first 7 months this financial year the growth is 5.5%.

Our numbers were good before Corona last year so the comparison is fair.
 
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Unfortunately the chance of real, sustained export growth is limited. This spurt and start pattern will not get Pakistan anywhere, particularly given the extreme low base quantum of exports for country the size of Pakistan. Tiny countries that are no bigger then small towns export more. I don't expect much to change in the short term. The reasons are -

  • the rentier elite that has it's hold on Pakistan economy has tentacles within PTI government
  • Abdul Razak dawood is one of them and he will protect the rentier elite that lives like a parasite
  • CPEC has tripped and failed to reconfigure the economy by not providing a alternate trade axis along the western corridor with it's hub in Gwadar.
  • this has left Gwadar like a marooned island cut off from it's hinterland
Emerging Faisalabad Industrial Estate and Rashakai Industrial estate are source of some good news. But the nationalm picture is depressing and without major structural changes Pakistan will continue to limp along like a sick patient with survival dependent on ex-pat remittances and loans.

Quite sad really. The optimism of CPEC has faded. Crushed by the rentier elites who have total monopoly over the Pakistan economy. They have the Pakistani economy in a stranglehold.

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Good news but we need to further speed it up.
exports are cutthroat competition
wont be easy in tradtional textile sector

we would need to diversify

two important but ignored sectors are
1. medication/medical equipment
2. IT
Unfortunately the chance of real, sustained export growth is limited. This spurt and start pattern will not get Pakistan anywhere, particularly given the extreme low base quantum of exports for country the size of Pakistan. Tiny countries that are no bigger then small towns export more. I don't expect much to change in the short term. The reasons are -

  • the rentier elite that has it's hold on Pakistan economy has tentacles within PTI government
  • Abdul Razak dawood is one of them and he will protect the rentier elite that lives like a parasite
  • CPEC has tripped and failed to reconfigure the economy by not providing a alternate trade axis along the western corridor with it's hub in Gwadar.
  • this has left Gwadar like a marooned island cut off from it's hinterland
Emerging Faisalabad Industrial Estate and Rashakai Industrial estate are source of some good news. But the nationalm picture is depressing and without major structural changes Pakistan will continue to limp along like a sick patient with survival dependent on ex-pat remittances and loans.

Quite sad really. The optimism of CPEC has faded. Crushed by the rentier elites who have total monopoly over the Pakistan economy. They have the Pakistani economy in a stranglehold.

View attachment 712464
we need to decide whether we want communism or sarmayadar system with govt getting its due share in taxes

before we are able to decide on this further movment is useless
 
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If they continue this trend the in next 5 months they may collect like 24 or touch 25 maybe. That wold be good increase of 2 to 3 billions dollars.
And with foreign remitences to cross 28 billion dollars.
And fbr also on its target and collects its target of 4800 billion rupees something something. Then government would have enough money to pay the loans and do spending.
Also new companies are registering themselves in record numbers
Plus border is now closed with afghanistan custom is setup there. May take time to work properly but better then nothing.


 
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Winter season is over so naturally textile exports will go down in coming months

Totally wrong on many levels, summer is the longer season with bigger volumes for all Textile products, also technically Dec to May factories are producing for Winter 2021/2022, summer 2022 is currently under discussion and order will come from June onwards.
 
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Totally wrong on many levels, summer is the longer season with bigger volumes for all Textile products, also technically Dec to May factories are producing for Winter 2021/2022, summer 2022 is currently under discussion and order will come from June onwards.
December is traditionally the month with high volume of exports as western countries have high shopping spree just before Christmas and New Year's specially on boxing day.


Economic data is almost always compared with same month of previous FY since the dynamics of each month are different.

Compared to Jan 20, exports in Jan 21 have shown good growth.
 
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Bhai december is christmas and holiday season. This is post holidays slump. Things shud go again up in February.

That's why u compare month with same month last year
 
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