Pakistan Export Updates

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The Frontier Post

ISLAMABAD (APP): The exports of spices from the country witnessed an increase of 16.39 percent during the first three months of financial year (2021-22) as compared to the corresponding period of last year.

Pakistan exported spices worth US $23.163 million during July-September (2021-22) as compared to the exports of US $19.901 million during July-September (2020-21), showing growth of 16.39 percent, according to the Pakistan Bureau of Statistics (PBS).

In terms of quantity, the exports of spice also rose by 20.11 percent as the country exported 6,448 metric ton of spices during the period under review as compared to the exports of 5,369 metric ton during last fiscal year.

Meanwhile, on year-on-year basis, the spices exports also increased by 58.31 percent during the month of September 2021 as compared to the same month of last year.

The spices exports in September 2021 were recorded at $9.454 million against the exports of US $5.972 million in September 2020, the PBS data revealed.

On month-on-month basis the export of spices surge by 17.95 percent in September 2021 as compared to the exports of US $8.015 million in August 2021.

 

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Pakistan's mango exports to China increase but potential to grow remains:

• Quantity of shipments to China represents small share in overall number

APP
13 Nov 2021

Pakistan exported 37.4 tonnes of mangoes to China from January to September 2021, an increase of more than 10 times when compared with the meagre 3.6 tonnes exported in the same period in 2020, stated a report compiled by China Economic Net (CEN).

However, the quantity exported by Pakistan represents a mere 0.36% of China’s total imports of 10,500 tonnes of mangoes from January to September, pointing at the available potential.

In 2021, 'Sindhri' mangoes cost 168 yuan (Rs4,500) in China for 4.5-kg, 98 yuan (Rs2,625) for 2.5-kg, or about 40 yuan (Rs1,071 rupees)/kg. This is in stark contrast to Australian mangoes that are priced at Rs 2145/kg, added the report.

In this regard, the person in charge of Joy Wing Mau Fruit Technologies Corporation Limited said price is not an issue as quality is the key.

China’s imported mangoes from Australia and Peru can be sold for 300-400 yuan in 5kg packs, which are far more expensive than Pakistani mangoes, but sales are still very good.

“Because of the high degree of industrialisation of Australian mangoes, they are just ripe when being shipped to China with good quality. However, when Pakistani mangoes are shipped to China, the maturity of the fruit is different, and the appearance and packaging of fruit are also restraining factors. Ensuring the maturity and appearance of each box is the key to boosting sales.

"At the same time, the packaging is also a key factor in mango sales."

Talking about the possibility of expansion in sales, the report said, in 2021, most Pakistani mangoes in China have been bought by individual consumers through WeChat presale and payment.

To expand the market scale of Pakistani mangoes in China, the person in charge said imported mangoes need to be sold as soon as possible.

 

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Pakistan exported a record 460,000 tons of kinnow during 2020-21, an increase of 30% as compared to 353,000 tons exported in the previous year, he said, adding that it exported kinnow to 40 countries during the export season that concluded in April 2021.

 

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“Pakistan’s exports to Australia have shown little increase in recent years and if due attention is given to this area, the quantum of exports can jump. Trade between the two countries can achieve new heights if Pakistan enhances export of fruits, vegetables and rice to Australia.”

While citing figures he said that the volumetric export of mangoes to Australia had increased from 2 tons in 2013 to 75 tons in 2021, however, he noted that the number could increase manifold. “Export of citrus fruit rose from 350,000 tons to approximately 460,000 tons in just one year,” he said.

“Moreover, the export of mangoes surged from 110,000 tons to 142,000 tons in the same time period.” Pakistan has huge export potential for vegetables and fruits such as mangoes, citrus, apples, and cherries, he added.

 

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Pakistan expects to enhance orange exports to China this year.

Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood pointed out that the mango season had already provided good revenue.

In 2020-21, Pakistan exported a record 460,000 tons of oranges, marking this as the highest-ever volume during any season.

In the export season that ended in April 2021, around 460,000 tons of oranges had been exported from the country worldwide, up 30% compared to the previous season.

The demand for Pakistani oranges is on the rise worldwide. Meanwhile, Pakistan hit over $2 billion export mark for the seventh consecutive month in April, as the country’s overall exports stood at $2.191 billion in April 2021, Dawood mentioned.

Speaking to China Economic Net, Dawood remarked that China was a great destination for Pakistani agricultural products.

“China has been helping Pakistan both ways. They are helping us enhance agricultural production and are buying fruits. For this, we are thankful to China. We are working out the target for oranges export to China. We are expecting a rise in exports to China,” he maintained.

 

[ghazi52]

Pakistan, China ink agreement for export of onions

November 24, 2021




ISLAMABAD, Nov. 24 (Gwadar Pro) – China and Pakistan on Tuesday signed the Protocol of Inspection and Quarantine Requirements for the export of onions from Pakistan to China. With the agreement, Pakistani onion producers will gain access to the Chinese market.

Chinese Ambassador Nong Rong and Pakistan’s Federal Minister for Food, Security and Research Syed Fakhar Imam signed the agreement during a ceremony held in Islamabad.

“Today, we have officially signed the protocol in regard to onion and we are still ready to help the Pakistani exporters in the inspection and quarantine of chilies, potatoes, and other agricultural products so that they can access the Chinese markets,” said Ambassador Nong Rong.

He said that help and guidance could be delivered to the local farmers by the Ministry of Food Security and Research, adding, “the embassy here also gives assistance to help the onion export”.

Mr. Nong Rong said that China-Pakistan Economic Corridor (CPEC) has entered into a new phase of high quality development focusing on “industrial and agricultural cooperation”. “China and Pakistan are highly complementary in the agriculture sector, such as plantation, food process, cold chain storage and contract farming,” he said.

According to him, in recent years, China-Pakistan agriculture trade has been growing rapidly and despite Covid-19 pandemic in 2020, bilateral agriculture trade volume remained at a high level with an amount of USD 717 million .

“This year from January to September, China-Pakistan Agriculture trade achieved a record of USD 860 million, of which export from Pakistan to China was USD 613 million and it will increase year on year,” Mr. Rong added. “I believe more Pakistani high quality agriculture products will access Chinese markets in large volumes,” the ambassador said.

Syed Fakhar Imam said that China can buy globally; “hopefully our agriculture community and our people will be able to attain those standards to meet the requirements of Chinese people,” Mr. Imam added.

He said Pakistan has record exports of mangoes, oranges and it has organic cherries grown in Gilgit Baltistan and Balochistan, adding “these are somewhat specialized fruits, which have great potential to be exported to China”.

Ambassador Nong Rong has made the proposal to import onions from Pakistan in June 2021, which led to the signing of the memorandum of understanding (MoU) between the two countries. Both countries have agreed to accelerate efforts to implement the onion trade in a short period of time.

 

[ghazi52]

Pakistan's exports increase by 27pc in first 5 months of current fiscal year

https://nation.com.pk/NewsSource/xinhua
Xinhua
December 01, 2021


Pakistan's exports increased by 27 percent during the first five months of the current fiscal year 2021-2022, as compared with the same period of the last fiscal year, Advisor to Prime Minister for Commerce and Investment Abdul Razak Dawood stated on Wednesday.

The country's exports during July-November of 2021 were recorded at 12.365 billion U.S. dollars as compared to 9.747 billion U.S. dollars during the corresponding period of last year, Dawood said in a series of tweets.

He said that the exports in the first five months of the on-going fiscal year were higher than the set target of 12.2 billion U.S. dollars.

Pakistan's exports during the month of November 2021 increased by 33 percent to a historic monthly high of 2.903 billion U.S. dollars, significantly higher than the set target of 2.6 billion U.S. dollars, according to Dawood.

The export figure in the same month of the last fiscal year was 2.174 billion U.S. dollars, said the official.

 

[ghazi52]

Rice exports surge by over 19% to $594.5m in 4MFY22

Rice exports increased 22.99% on YoY basis, 19.87% on MoM basis

The exports of rice surged by 19.04% to $594.528 million during the first 4 months of current financial year (4MFY22) as compared to exports worth $499.442 million during the corresponding period of last the fiscal year.

According to the Pakistan Bureau of Statistics (PBS), escalating exports are backed by the production of the current seasons rice crop which has been estimated at over 9 million tonnes (MT) as compared to the output 8.4 MT last season.

Among the rice commodities, the exports of Basmati rice increased by 27.44 per cent, surging from $161.654 million last year to $206.013 million during the current year

 

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Exports from South Asia.

November 2021:
Pakistan 33%
Bangladesh 31.26%
India 26.49%

The data compares monthly exports with respect to same month of the previous year.

 

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IT and Telecom services exports are reported to be highest in five months. They are delivering orders of numerous foreign clients.

ICT export remittances, including telecommunication, computer, and information services, for the period July-November FY2021-22 have surged to $1.051 billion at a growth rate of 37.57 percent compared to $764 million during July-November FY 2020-21.

 

[ghazi52]

Revised strategic trade policy framework projects $57bn exports by FY25

Mubarak Zeb Khan
December 22, 2021


ISLAMABAD: The Federal Cabinet on Tuesday approved the revised Strategic Trade Policy Framework (STPF) 2020-25 with a string of policy measures to promote annual export target to $57 billion by end of 2024-25.
This is the fourth strategic framework announced since 2009 by the government which allocated Rs44.72bn for its implementation in the next five years by giving subsidies and other support to non-textile sectors.

As per the approved policy, an allocation of Rs13bn was made for improving competitiveness of the products in the next five years, followed by Rs15.22bn for integration into global value chain including Rs0.19bn for enhanced market access, Rs12bn for export diversification and Rs2.79bn for branding.
Under the policy, Rs16.5bn is allocated for developing export ecosystem.

Policy focuses on new strategic sectors to achieve goals

This will include infrastructure development, institutional strengthening, standards compliance, social and environmental safeguards.

Pakistan’s exports have remained stagnant for the last 10 years ranging between $20bn to $25bn and thereby reducing the country’s share in the global export market by 10.5pc. During the same period, China and India enhanced their share in global exports by 27pc and 18pc respectively, whereas Bangladesh registered an impressive growth of 95pc.

However, the surging imports have resulted into a huge trade deficit during the period under review.

The Ministry of Commerce estimates that the measures announced in the STPF 2020-25 will help to achieve export target of $31.20bn in 2021-22, $37.38bn in 2022-23, $45.81bn in 2023-24 and $57.03bn in 2024-24, respectively.

Under the new policy, sector-wise targets for the next five years were also projected. The value-added textile was projected to achieve an export target of $15.474bn in 2021-22, which will reach $30.94bn by 2024-25.

The export target of textile is projected at $4.526bn for 2021-22 which will reach $9.05bn by end 2024-25.

The leather export target for 2021-22 was projected at $910m, followed by $540m for surgical instruments, $2.037bn for rice, $300m for rice and $160m for cutlery. The projection for two sectors show massive growth which show that rice exports will reach $3.098bn and leather $1.384bn, respectively, by 2024-25.

The policy also focuses on new strategic sectors. The exports of engineering goods is projected to reach $265m by 2024-25 from $174m in 2021-22, followed by pharmaceutical products $608m from $400m, auto parts $106m from $70m, processed food and beverages $1.536bn from $1.01bn, chemicals $391m from $257m, gems and jewellery $61m from $40m, footwear $230m from $151m and meat and poultry $662m from $435m, fruits and vegetables $1.369bn from $900m, sea food $672m from $442m, marble and granite $41m from $27m, respectively.

For the implementation of the STPF, it has been decided to constitute a cross functional National Export Development Board (NEDB) comprising of members from all stakeholders. The Ministry of Commerce will serve as a secretariat of the NEDB and at least bimonthly meetings of the Board will be held in order to ensure the implementation of various policy measures.

The board will provide strategic guidance to all the relevant institutions and stakeholders mandated with the role to promote export-oriented foreign and local investment in the country with the aim to increase Pakistan’s export competitiveness by continuously improving the enabling environment for exports and increasing firms’ capabilities.

Published in Dawn, December 22nd, 2021

 

[ghazi52]

Pakistan's textile exports posted robust growth in December 2021, figures released by the Ministry of Commerce show.

Advisor to Prime Minister on Commerce and Investment Abdul Razak Dawood shared the figures via his Twitter handle on Tuesday. As per the data, Pakistan’s exports of men's garments stood at $459 million in December 2021, a growth of 26% as compared to $363 million exported in the same month last year.

Meanwhile, home textile exports stood at $385 million in December 2021, showing a year-on-year (YoY) increase of 2%. The exports of jerseys & cardigans ($80 million) and T-shirts ($66 million) also increased by 55% and 46%, respectively, in December 2021. Exports of women's garments increased by 13% to $84 million.

Meanwhile, Pakistan exported rice worth $242 million in December 2021, an increase of 5% YoY.

During the same period, the exports of fruit and vegetables, and surgical instruments decreased by 19% and 3%, respectively.

In terms of geographical spread, exports to the US, China, Netherlands, Spain, Bangladesh, Thailand, Sri Lanka, Malaysia and Kazakhstan increased. Exports to UK, Germany, Afghanistan, Saudi Arabia and Russian Federation decreased.

United States remains biggest market

The US remained Pakistan’s largest export market, with $607 million worth of goods exported to the country in December 2021, up 43%. The US was followed by China emerging as Pakistan second-largest exporting destination, as the country purchased goods worth $325 million in December 2021, an increase of 25%.

Dec exports surge 16.7pc to $2.76bn YoY: Dawood

Earlier on Sunday, Dawood said Pakistan’s exports increased by 16.7% to $2.761 billion during December 2021 against the targeted $2.8 billion, compared to $2.366 billion in December 2020.

During the first half of the current FY (Jul-Dec 2021), he added that exports increased by 25% to $15.125 billion as compared to $12.110 billion during July-December 2020. The export target for first half of this FY was $15 billion, Dawood added.

 

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View attachment 801244




View attachment 801245

Saudi is conspicuously missing from the list. I'd imagine we'd be exporting a hefty sum to Saudi, especially given we do the same for UAE.

 

[ghazi52]

Pakistan eyeing to boost cell phone exports

Islamabad achieved 'big success' in manufacturing mobile phones in 2021, says PM's aide on commerce


APP
January 06, 2022

An official of the Ministry of Commerce said that the spike in mobile phone imports came on the back of increase in orders for luxury mobile phones ie flagship models of brands. PHOTO: REUTERS

ISLAMABAD: Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood on Wednesday said that after achieving “big success” in the manufacturing of mobile phones last year, Pakistan was now seeking expansion into exports.

Pakistan, a net importer of mobile phones prior to 2016, produced 22.12 million handsets during January-November 2021 and imported 9.95 million during the same period, data from the Pakistan Telecommunication Authority (PTA) shows.

In 2020, Pakistan’s import of mobile phones was 24.51 million compared to 13.05 million sets produced locally.

Various Chinese mobile phone manufacturers have played a key role in Pakistan’s production boom in 2021, according to the PTA.
Local manufacturing plants assembled 9.03 million smartphones while the number of 2G mobile phones was 13.09 million.

“I would say that our whole venture into manufacturing mobile phones has been a big success,” Dawood said in an interview with Arab News on Wednesday.

“It has been very successful because we now see that every month the number of mobile phones coming into the country is decreasing and the numbers that are being produced and sold locally is increasing.”

The PM’s aide said the record levels of local manufacturing were achieved under a new “conducive policy” introduced by the current government.

The Mobile Device Manufacturing Policy 2020 set a 49 per cent localization target by June 2023, including 10 per cent localization of parts of the motherboard and 10 per cent localization of batteries.

“We have developed a policy for local assembling of mobile phones … We are currently looking at becoming a world-class assembler of mobile phones,” Dawood said.

“We are right now concentrating on low-end mobile phone sets and we hope that soon we will be able to start getting into high-end phones with world-class companies.”