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Imports

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  1. 1. Noman Aslam Mughal [email protected] IUB(BWN)
  2. 2. Imports
  3. 3. Growing at an average rate of 29 percent per annum during 2003-2006. imports were targeted to decline by 2.1 percent in 2006-07. 8.9 percent during the first ten months (July-April). Imports
  4. 4. Tight monetary policy. softening of international price of oil. decline in imports of cars. decline in the imports of fertilizer. decline in the imports of iron & steel. Causes of deceleration in import Growth
  5. 5. Food imports grew by 5.3 percent - up from $ 2241.5 million to $ 2360.6 million. Milk & milk products (36.9%) Dry fruits (24.4%) Pulses (60.6%) Edible oil (soya bean & palm oil) (24%) Wheat decline by (68.3%) Disaggregation of total Imports
  6. 6. Imports of machinery rose by 18.6 percent up from $ 3303 million to $ 3916 million. Power Gen. Machines (42.9%) Office Machines (8.9%) Textile Machinery (-34.8%) Const. & Mining Mach. (-1.3%) Aircraft Ships and Boats (104.4%) Agri. Machinery (46.9%) Imports of Machinery
  7. 7. Pakistans imports grew by 8.9 percent or $ 2047 million in the first ten months of the current fiscal year. almost 31 percent contribution alone came from petroleum group. Imports of machinery contributed almost 30 percent to this years rise in imports bill. by imports of telecom which accounted for 13 percent to the overall rise in imports. Major Contributors to Increase in Imports
  8. 8. monthly imports during July-April, 2006-07 remained consistently higher compared to the same months of last year. Imports averaged $ 2.5 billion per month. imports have risen by $ 200 million per month during the period. Trends in monthly Imports
  9. 9. Monthly Imports
  10. 10. Pakistan's imports are also highly concentrated in few items 1. Machinery 2. Petroleum & petroleum products 3. Chemicals 4. Transport equipments 5. Edible oil 6. Iron & steel 7. Fertilizer 8. Tea. Concentration of Imports
  11. 11. These eight categories of imports account for 75.5 percent of total imports during 2006-07. machinery, petroleum & petroleum products and chemicals accounted for 57.7 percent of total imports. Concentration of Imports
  12. 12. composition of Pakistans import does not show any significant change over the years. first nine months of the current fiscal year (July- March, 2006-07) share of consumer goods stood at 11% Composition of Imports
  13. 13. Share of capital goods stood 38 % Share of raw material for consumer goods increased by one percentage point from 44% to 45% Share of raw material for capital goods stood at 7% Composition of Imports
  14. 14. Pakistans imports are highly concentrated in few countries. Over 40 percent of them continue to tart from just seven countries i. USA, ii. Japan, iii. Kuwait, iv. Saudi Arabia, v. Germany, vi. UK vii. Malaysia. Direction of Imports
  15. 15. Saudi Arabia Is a major supplier to Pakistan Direction of Imports