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The monthly exports for the period July-April, 2006-07 remained mostly above the corresponding months of last year, averaging $ 1378 million per month as against an average of $ 1346 million last year.
Trends in Monthly Exports
Noman Aslam Mughal [email protected](BWN)
Concentration of Exports
Pakistan's exports are highly concentrated in a few items namely, cotton, leather, rice, synthetic textiles and sports goods. These five categories of exports account for 77.2 percent of total exports during the first nine months of 2006-07 with cotton manufacturers alone contributing 61.5 percent, followed by leather (4.5%), rice (6.6%), synthetic textiles (3.0%) and sports goods (1.6%).
The degree of concentration has changed little from last fiscal year.
Pakistan’s Major Exports
The performance of current fiscal year it appears that Pakistan is slowly moving towards higher value added exports in textile sector. The shares of bed wear, towels, and knitwear have increased over the last seven years. The shares of other categories of textile exports either have remained stagnant or have changed marginally.
Export of Textile Manufactures
Item 1999-00 2006-07
Cotton Yarn 19.2 13.3
Cotton Cloth 19.6 18.5
Knitwear 15.9 18.3
Bed wear 12.7 18.1
Towels 3.5 5.5
Tents 0.9 0.7
Readymade Garments
13.8 13.1
Synthetic Textiles 8.2 4.7
Made up Articles 5.5 4.1
Others 0.7 2.9
100.0 100.0
Composition of ExportsThe composition of Pakistan’s export s’ has changed steadily over the years.
Yare Primary Commoditi
es
Semi-Manufactur
es
Manufactures Goods
Total
July - March
2005-06 11 11 78 100.0
2006-07 11 10 79 100.0
Direction of Exports
Pakistan trade with a large number of countries its exports are however highly concentrated in few countries including USA, Germany, Japan, UK, Hong Kong, Dubai and Saudi Arabia which account for one- half of its exports. The United States is the single largest export market for Pakistan, accounting for 28.4 percent of its exports followed by U.K and Germany.
Country 1996-97 2006-07USA 17.7 28.4
Germany 7.5 4.1
Japan 5.7 0.8
UK 7.2 5.8
Hong Kong 9.4 4.0
Dubai 4.6 4.0
Saudi Arabia 2.6 1.8
Sub-Total 54.7 48.9Other Countries
45.3 51.1
Total 100.0 100.0
Major Exports Markets