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Pakistan’s Exports of Goods to China Rise by 17.8% in Q1 FY2018-19

RangeMaster

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Posted 1 hour ago by ProPK Staff
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The country’s export of goods to China during the first quarter of the fiscal year 2018-19 increased by 17.75 percent to US$430.3 million against the export of goods worth $353.892 million in the same period of the preceding year.




The import of goods from China also witnessed an increase of 10.3 percent as it rose to $10.384 billion in the first quarter of the current fiscal year from $9.314 billion in July-September (2017-18), said latest data released by State Bank of Pakistan (SBP).

On a yearly basis, the export of goods to China increased to $139.7 million in September 2018, against the exports of $116.83 million in the same month of previous year, showing an increase of 16.37 percent.

The imports also witnessed an increase of 1.38 percent which rose to $1.01 billion in September 2018 against the imports worth of $996 million in the same month last year.

The export of services to China, during the period under review, decreased by 2.64 percent to $52.04 billion during July-September (2018-19) against an export of services worth $53.416 million during the same period of last year.

Total import of services from China during the corresponding year increased by 5.6 percent to $1.01 billion from $953 million during the same period of the preceding year.

On a yearly basis, the export of services declined from $22.8 million in September 2017 to $12.16 million in the same month of the current year, showing a decline of 10.64 percent.

Similarly, the import of services from China witnessed a decrease of 7.7 percent to $88.95 million in September 2018 from $95.8 million in the same month of the previous year.
 
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Oil,smartphones,Electronics,Cosmetics and......cannot be banned, not even for 1 month.
why cant smatphones ? why not make a local company of smatphones and stop import for 10 years?
cosmetics ? seriously what is so important in them ?
electronics must be produce here isr no need to import
 
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why cant smatphones ? why not make a local company of smatphones and stop import for 10 years?
cosmetics ? seriously what is so important in them ?
electronics must be produce here isr no need to import
rich people must have bcs rich people and elites..
 
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rich people must have bcs rich people and elites..
blanket ban for everyone if they are so rich they can have fly away from Pakistan for 10 years . sure they will have 2-3 passports too already
 
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why cant smatphones ? why not make a local company of smatphones and stop import for 10 years?
cosmetics ? seriously what is so important in them ?
electronics must be produce here isr no need to import
Sir your ideas are ambitious but establishing local companies for smartphones and electronics will take atleast 10 years given the competition factor with Chinese low cost stuff and unwillingness of our awam to leave Samsung and Apple for Pakistani brand.
The idea with Cosmetics however is feasible.
 
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Sir your ideas are ambitious but establishing local companies for smartphones and electronics will take atleast 10 years given the competition factor with Chinese low cost stuff and unwillingness of our awam to leave Samsung and Apple for Pakistani brand.
The idea with Cosmetics however is feasible.
i think we already have them sir or at least semi local companies are here . we have to start one day . we are wasting billions and then we go beg to them whom we buy useless things its not a logic also i want to reduce development projects for 5 years . we are spending so much more then we earn . our people have no choice when we ban import people will have no choice but to use local products .

cosmetics are 20percent of total import . ban it .
beautiful pakistan does not need it .


cosmetics can be banned .
they are beutiful or not but we dont have billions of dollar for these monkey face ladies :lol: ja ker multani mitti lagaay allah ne chaha to achi lageen gi :P
 
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How much rise in exports of finished goods? If all rise in exports comes for sales of natural resources its more a reason to worry about exploitation of resources.
 
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How much rise in exports of finished goods? If all rise in exports comes for sales of natural resources its more a reason to worry about exploitation of resources.

yes if raw material goes instead of finished goods it's exploitation of exporting country .
 
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why cant smatphones ? why not make a local company of smatphones and stop import for 10 years?
cosmetics ? seriously what is so important in them ?
electronics must be produce here isr no need to import

Why ban imports?? Why not people stop buying it. This approach doesnt work sir, you cant ban or censor things.
 
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Oil,smartphones,Electronics,Cosmetics and......cannot be banned, not even for 1 month.

oil and electronic parts are compulsory but smartphones and cosmetics needs a straight ban. Companies should be encouraged to at-least assemble things here for a start if manufacturing is way too much to ask...
 
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