Exports swell 33% to USD 2.9 billion in Nov 2021

[Rafael]

Wait for the imports figure before popping that bottle. Hearing around 7.5 Billion

 

[RangeMaster]

Wait for the imports figure before popping that bottle. Hearing around 7.5 Billion

Yes it touched 7 billion last month.

 

[RealNapster]

Yes it touched 7 billion last month.

I think the sudden increase in imports is due to the many fold increase in machine and equipment imports, cotton import and fuel prices increase. So all in all these increase in imports may not be that bad in long term as it increase capacity of the industries which are exporting things. What do you think about it ?

 

[RangeMaster]

I think the sudden increase in imports is due to the many fold increase in machine and equipment imports, cotton import and fuel prices increase. So all in all these increase in imports may not be that bad in long term as it increase capacity of the industries which are exporting things. What do you think about it ?

Yes after Covid-19 restrictions there is sudden demand for machinery to meet global requirements, especially textile sector in Pakistan which is trying to keep up with global retail sector now booming after closer of 2.5 years. Secondly fuel prices as you pointed out.

 

[Desprado]

Import 7.5 billion highest ever in Pakistan. Why PTI fans only post one side of Story. If Yothia say that import is increasing due to international prices than it also that export are increase due to that. PTI is munafiq party.

https://twitter.com/x/status/1465963957743669248

https://twitter.com/x/status/1465939608835964933

Razak skip Import figure due to backlash. Some kids mods banned me when i said that PTI will change 70% of there budget and it is happening this week. PTI wanted to win election and do early election in 2022 that is why they did a deep Freeze IMF program, which backfired so bad that he entire budget has to changed and interest will hike to 11 to 12% in Dec.

 

[Zibago]

Wait for the imports figure before popping that bottle. Hearing around 7.5 Billion

Mostly fueled by high oil prices which are now falling

I think the sudden increase in imports is due to the many fold increase in machine and equipment imports, cotton import and fuel prices increase. So all in all these increase in imports may not be that bad in long term as it increase capacity of the industries which are exporting things. What do you think about it ?

Fuel reaching 80 was the real killer for our import bill but now with omicron I think we may end up with oil prices in the 50-60 range once more giving the perfect cushion for 3rd and 4th quarters

 

[mourning sage]

Import 7.5 billion highest ever in Pakistan. Why PTI fans only post one side of Story. If Yothia say that import is increasing due to international prices than it also that export are increase due to that. PTI is munafiq party.

https://twitter.com/x/status/1465963957743669248

https://twitter.com/x/status/1465939608835964933

Razak skip Import figure due to backlash. Some kids mods banned me when i said that PTI will change 70% of there budget and it is happening this week. PTI wanted to win election and do early election in 2022 that is why they did a deep Freeze IMF program, which backfired so bad that he entire budget has to changed and interest will hike to 11 to 12% in Dec.

Let me pull a @Desprado on you, 'Desparod'. You started a thread critiquing Razak Dawood skipping the import figure. Why did you skip the export figure?

You see, everyone sees the world through a lens. You see it through the lens of gloom and doom, the one that Nawaz Sharif gave you. Those who know economics, have studied it and continue to study it, yes I am a Doctoral Candiate, know how the world economics work.

I would've written a passage to explain it to you but that would be wasted on you. So I will skip it. You are nothing more than a paid advertiser of Maryam's Media Cell anyway.

 

[Desprado]

Let me pull a @Desprado on you, 'Desparod'. You started a thread critiquing Razak Dawood skipping the import figure. Why did you skip the export figure?

You see, everyone sees the world through a lens. You see it through the lens of gloom and doom, the one that Nawaz Sharif gave you. Those who know economics, have studied it and continue to study it, yes I am a Doctoral Candiate, know how the world economics work.

I would've written a passage to explain it to you but that would be wasted on you. So I will skip it. You are nothing more than a paid advertiser of Maryam's Media Cell anyway.

All your answer are here and how PTI do one side of story.

https://twitter.com/x/status/1465984996506808323

 

[Pakistan Ka Beta]

https://twitter.com/x/status/1465928734410780676

https://twitter.com/x/status/1465928736457564162

Highest export for any month by a margin. Previous highest was $2.7b in June this year. It will be a landmark if we manage to break past $3b monthly barrier.

If we continue this momentum we will hit $30b this financial year

All the difficult decisions taken by the government starts to show results.

With the capacity enhancements especially in textile coming online and the record rice crop ( expecting record exports as we have a sizable surplus) I am excited what the later half of this FY figures will be.

Wow MashaAllah that is a good bump. Lets break the psychological barrier of 3bln.

Wait for the imports figure before popping that bottle. Hearing around 7.5 Billion

Some other good news and kindly Follow PTV News on Instagram as well .

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[alibaz]

38 billion is impossible. 30 billion is very good of we hit it. Govt is eying 45 billion in 5 years. Let's see what happens...!

Government is eying 30-32 billion goods exports and 6 billion from IT + Services so they seem to be on target by touching 38 billion. Hopefully new textile projects supported with good cotton crop and rice crop will be helpful in achieving target. Lets challenge ourselves by setting targets on higher side.

 

[alibaz]

Yes after Covid-19 restrictions there is sudden demand for machinery to meet global requirements, especially textile sector in Pakistan which is trying to keep up with global retail sector now booming after closer of 2.5 years. Secondly fuel prices as you pointed out.

Also edible oil and steel being used for construction.

 

[Baby Leone]

I thaught our target was 38 b?...

yeah that incudes services exports.

i think 2.9 billion are only goods exports how much are total exports includes services?

 

[Kaleem.61]

There was a Textile mill named BTM (one of asia's biggest textile) owned by Saith Dawood. Rumors say now they have setup in Bangladesh.

It's products mainly cloth was world famous and some idiots ruined it and certainly destroyed some fractions of our exports.

Have a look to know about;

Burewala Textile Mills Limited: An MBA Report | Ravi Magazine

The Burewala Textile Mills Limited is a public limited company with its stocks listed at Karachi & Lahore stock exchanges. The number of shares outstanding is 7,307,405 and all are common stock.

www.ravimagazine.com

 

[Falcon26]

Import substitution is the way to go and something Turkey has had quite a success. Apart from oil and heavy machinery, the rest should be sourced from in-house. There’s no reason why Pakistan should be importing cheese and other food items which can be made in Pakistan.

Even a 45-billion exports per annum is too small for a country of Pakistan’s size. New markets in Africa and South America must be aggressively identified.

Also, does the exports include defense exports?

 

[Pakistan Ka Beta]

Government is eying 30-32 billion goods exports and 6 billion from IT + Services so they seem to be on target by touching 38 billion. Hopefully new textile projects supported with good cotton crop and rice crop will be helpful in achieving target. Lets challenge ourselves by setting targets on higher side.

There was a Textile mill named BTM (one of asia's biggest textile) owned by Saith Dawood. Rumors say now they have setup in Bangladesh.

It's products mainly cloth was world famous and some idiots ruined it and certainly destroyed some fractions of our exports.

Have a look to know about;

Burewala Textile Mills Limited: An MBA Report | Ravi Magazine

The Burewala Textile Mills Limited is a public limited company with its stocks listed at Karachi & Lahore stock exchanges. The number of shares outstanding is 7,307,405 and all are common stock.

www.ravimagazine.com

yeah that incudes services exports.

i think 2.9 billion are only goods exports how much are total exports includes services?

I think the sudden increase in imports is due to the many fold increase in machine and equipment imports, cotton import and fuel prices increase. So all in all these increase in imports may not be that bad in long term as it increase capacity of the industries which are exporting things. What do you think about it ?

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