Pakistan's Exports Performance

By Memon, Dr. Noor Ahmed | Economic Review, February 2000 | Go to article overview
Save to active project

Pakistan's Exports Performance


Memon, Dr. Noor Ahmed, Economic Review


Pakistan is an exporter of essentially labour intensive and agricultural raw material based manufactures. Highly concentrated on few items namely cotton group, leather group, rice, synthetic textiles and sports goods. The five categories of exports accounted for 80% of the country's total exports. Cotton based manufactures continue to dominate the country's exports portfolio, with around 60 per cent of total manufactured exports.

Pakistan's trade volume in 1998-99 was to the tune of US$ 17.21 billion of Which 45% was accounted for by exports. During 1998-99 Pakistan traded with 187 countries but major trading countries were the USA, Hong Kong, Germany, the United Kingdom, Japan, Dubai, Netherlands, Italy, France and Saudi Arabia which accounted for 64.0% of the total, exports.

Pakistan's export during the fiscal year 1998-99 was US$7.78 billion as compared to US$8.63 billion of corresponding period of 1997-98 thus showing decline of 9.8 per cent. The decline in exports despite liberal incentives provided to exporters, particularly to remunerate export proceeds at composite exchange rate, resulted due largely to a fall in international prices of almost all the major commodities in the wake of global recession and economic turmoil in East Asian countries. Moreover, exports were also adversely affected by shortfall in raw cotton output and deceleration of industrial growth, which had the effect of reducing the availability of exportable surplus of manufactured goods during the year. Pakistan's major exports is shown in table. The country's export earning during first six months of 1999-2000 have increased 7.4 per cent to $4.10 billion from US$3.82 billion in the corresponding period last year. The Pakistan government has fixed an export target of US$9 billion for 1999-2000. 15.7 per cent higher than the actual export of 1998-99.

Obviously the situation cannot be viewed with equanimity. The going in the' world market is not smooth owing to the global recession. Markets are shrinking while competition is becoming very tough.

The rest of this article is only available to active members of Questia

Sign up now for a free, 1-day trial and receive full access to:

  • Questia's entire collection
  • Automatic bibliography creation
  • More helpful research tools like notes, citations, and highlights
  • Ad-free environment

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
Loading One moment ...
Project items
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited article

Pakistan's Exports Performance
Settings

Settings

Typeface
Text size Smaller Larger
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

While we understand printed pages are helpful to our users, this limitation is necessary to help protect our publishers' copyrighted material and prevent its unlawful distribution. We are sorry for any inconvenience.
Full screen

matching results for page

Cited passage

Style
Citations are available only to our active members.
Sign up now to cite pages or passages in MLA, APA and Chicago citation styles.

Cited passage

Welcome to the new Questia Reader

The Questia Reader has been updated to provide you with an even better online reading experience.  It is now 100% Responsive, which means you can read our books and articles on any sized device you wish.  All of your favorite tools like notes, highlights, and citations are still here, but the way you select text has been updated to be easier to use, especially on touchscreen devices.  Here's how:

1. Click or tap the first word you want to select.
2. Click or tap the last word you want to select.

OK, got it!

Thanks for trying Questia!

Please continue trying out our research tools, but please note, full functionality is available only to our active members.

Your work will be lost once you leave this Web page.

For full access in an ad-free environment, sign up now for a FREE, 1-day trial.

Already a member? Log in now.

Are you sure you want to delete this highlight?