Export Review
According to the figures compiled by the PBS, exports from Pakistan during October, 2017 amounted to Rs. 198,911 million (provisional) as against Rs.176,427 million (provisional) in September, 2017 and Rs.183,041 million during October, 2016 showing an increase of 12.74% over September,2017 and of 8.67% over October, 2016.
In terms of US dollars the exports in October, 2017 were $ 1,888 million as compared to $ 1,675 million in September, 2017 showing an increase of 12.72% and by 7.89% as compared to $ 1,750 million in October, 2016.
Exports during July – October, 2017 totaled Rs.743, 293 million (provisional) as against Rs.671, 281 million during the corresponding period of last year showing an increase of 10.73%.
In terms of US dollars the exports during July – October, 2017 totaled $ 7,056 million (provisional) against $ 6,416 million during the corresponding period of last year showing an increase of 9.98%.
Main commodities of exports during October, 2017 were Knitwear (Rs.23,735 million), Readymade garments (Rs.20,623 million), Bed wear (Rs.19,809 million), Cotton cloth (Rs.19,641 million), Cotton yarn (Rs.12,754 million), Rice others (Rs.11,798 million), Towels (Rs.7,147 million), Made-up articles (excl. towels & bed wear) (Rs.6,182 million), Fish & fish preparations (Rs.4,860 million) and Surgical goods & medicinal instruments (Rs.3,148 million).
The increase (+) / decrease (-) recorded in main commodities exported during October, 2017 over September, 2017 and October, 2016 is given below:-
| S. No. | Commodities | % Change of value in Million Rs. in Oct, 2017 over | |
| September, 2017 | September, 2016 | ||
| 1. | Knitwear | 8.14 | 15.22 |
| 2. | Readymade Garments | 3.36 | 12.30 |
| 3. | Bedwear | 2.98 | 0.99 |
| 4. | Cotton cloth | 3.93 | 2.23 |
| 5. | Cotton Yarn | 9.56 | 7.11 |
| 6. | Rice others | 64.45 | -7.02 |
| 7. | Towels | 6.98 | -2.16 |
| 8. | Madeup Articles | 7.89 | 11.39 |
| 9. | Fish & Fish Preparations | 15.08 | -8.42 |
| 10. | Surgical Goods & Medical Instruments | 1.09 | -8.83 |
Import Review
Imports into Pakistan during October, 2017 amounted to Rs.519, 189 million (provisional) as against Rs.471, 136 million (provisional) in September, 2017 and Rs.417, 106 million during October, 2016 showing an increase of 10.20% over September, 2017 and of 24.47% over October, 2016.
In terms of US dollars the imports in October, 2017 was $ 4,929 million (provisional) as compared to $ 4,473 million (provisional) in September, 2017 showing an increase of 10.19% and by 23.60% as compared to $ 3,988 million in October, 2016.
Imports during July – October, 2017 totaled Rs.2, 018,757 million (provisional) as against Rs.1, 638,180 million during the corresponding period of last year showing an increase of 23.23%.
In terms of US dollars the imports during July – October, 2017 totaled $ 19,163 million (provisional) as against $ 15,658 million during the corresponding period of last year showing an increase of 22.38%.
Main commodities of imports during October, 2017 were Petroleum products (Rs.79,312 million), Petroleum crude (Rs.36,964 million), Power generating machinery (Rs.22,695 million), Plastic materials (Rs.21,085 million), Electrical machinery & apparatus (Rs.19,570 million), Iron & steel (Rs.19,207 million), Palm oil (Rs.18,828 million), Natural gas, liquefied ( Rs.14,452 million), Iron & steel scrap ( Rs.12,823 million) and Medicinal products (Rs.10,114 million). 12. The increase (+) / decrease (-) recorded in main commodities imported during October, 2017 over September, 2017 and October, 2016 is given below:-
| S. No. | Commodities | % Change of value in Million Rs. in Oct, 2017 over | |
| September, 2017 | September, 2016 | ||
| 1. | Petroleum Products | 9.04 | 45.91 |
| 2. | Petroleum crude | 23.88 | 78.02 |
| 3. | Power Generating Machinery | 6.29 | -41.98 |
| 4. | Plastic MAterials | 7.91 | 49.55 |
| 5. | Electrical Machinery and Apparatus | 12.50 | 41.20 |
| 6. | Iron & Steel | 0.88 | 4.76 |
| 7. | Palm Oil | 18.63 | 27.66 |
| 8. | Natural gas, liquified | 5.09 | 64.06 |
| 9. | Iron & Steel scrap | 3.12 | 89.89 |
| 10. | Medicinal products | 14.04 | 48.65 |
Balance of Trade Position
Based on the provisional figures of imports and exports the balance of trade in October, 2017 was (-) 320,278 million in terms of Rupees and (-) 3,041 million in US dollars. The balance of trade figures cumulative from July – October, 2017 were (-) 1,275,464 million in terms of Rupees and (-) 12,107 million in US dollars.
