47. Pakistan Economic Survey 2011-12 - Consultancy Services in ...

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Table 8.6: Structure of ImportsParticularsTrade and Payments($ Million)AbsoluteChangeJuly-April2010-11 2011-12% ChangeA. Food GroupMilk & milk food 129.5 134.3 3.7 4.9Wheat Unmilled 5.2 0.0 -100.0 -5.2Dry fruits 74.4 72.3 -2.8 -2.1Tea 288.3 302.0 4.8 13.7Spices 91.3 86.6 -5.2 -4.7Edible Oil (Soyabean & Palm Oil) 1,660.3 1,933.6 16.5 273.3Sugar 679.9 14.4 -97.9 -665.5Pulses 344.6 320.3 -7.1 -24.3B. Machinery GroupPower Gen. Machines 865.6 877.2 1.3 11.6Office Machines 195.6 239.8 22.6 44.2Textile Machinery 399.4 339.0 -15.1 -60.4Const. & Mining Mach. 98.6 111.0 12.6 12.4Aircraft Ships and Boats 713.5 305.8 -57.1 -407.7Agriculture Machinery 77.6 103.0 32.7 25.4C. Petroleum GroupPetroleum Products 4,919.9 8,354.8 69.8 3,434.8Petroleum Crude 3,847.6 4,228.1 9.9 380.5D. Consumer DurablesElectric Mach. & App. 674.8 675.3 0.1 0.5Road Motor Vehicles 1,082.8 1,312.1 21.2 229.3E. Raw MaterialsRaw Cotton 852.8 369.5 -56.7 -483.4Synthetic fibre 464.2 434.6 -6.4 -29.5Silk yarn (Synth & Arti) 444.7 503.9 13.3 59.2Fertilizer 499.6 1,081.7 116.5 582.1Insecticides 122.3 110.4 -9.8 -11.9Plastic material 1,263.8 1,287.5 1.9 23.7Iron & steel and Scrap 423.9 446.8 5.4 22.9Iron & steel 993.9 1,119.0 12.6 125.1F. Telecom 854.3 1,049.5 22.9 195.2Source: Pakistan Bureau of StatisicsOn the other hand, the items which grew positivelycontinued to be the power generating machinery,office machines, construction and miningmachinery and agri machinery. Power generatingmachinery imports increased due to energyshortfalls in the country. As a result the import billstood at $ 877.2 million during July-April 2011-12.The increase in import of construction and miningmachinery reflects the increase in constructionactivities in the country. This improvement can beattributed to the start of public projects and is alsothe result of the increase in remittances which wentprimarily into the construction sector. The higherdemand for agricultural machinery imports ($ 25.4million) is mainly the outcome of remarkableimprovement in the agriculture sector.The import of products in the raw material groupsurged by 7.4 percent and accounted for 22.4percent of total imports during the period of July-April 2011-12. Within raw material imports, rawcotton declined in absolute terms by $ 483.4million mainly due to increased availability of thecrop domestically. The prominent increasewitnessed in the imports of fertilizer is due todecline in domestic production owing to gasshortages. As a result the import bill of fertilizerincreased by $ 582.1 million over the last year. Of121
Pakistan Economic Survey 2011-12this total increase around 87.6 percent was due toincrease in quantity and the remaining 12.4 percentdue to higher prices.Fig-8.10 Source of Change in FertilizerImport (Jul-Apr 2011-12)600Direction of ImportsDespite being fairly concentrated in a few markets,Pakistan’s import sources are witnessing a changein direction since 2007-08. The combined share ofPakistan’s major imports markets (Saudi Arabia,Kuwait, Japan, U.S.A., Germany and U.K.) hasbeen declining from the 36.7 percent in 2007-08 to30.2 percent at present thereby showing a 6.5percentage points fall during the period underreview.500US$ Million4003002001000Price EffectQuantity EffectSource: PBSTable-8.7: Major Sources of Imports (Percentage Share)Country 07-08 08-09 09-10 10-11 Jul-Mar10-11 11-12*U.S.A. 6.1 5.4 4.6 4.5 4.3 3.3U.K. 1.9 2.6 1.7 1.6 1.6 1.2Germany 3.2 3.8 3.4 2.3 2.3 2.5Japan 4.6 3.6 4.4 4.1 4.2 4.2Kuwait 7.5 6.6 6.9 8.2 6.8 8.4Saudi Arabia 13.4 12.3 9.7 11.3 11.7 10.6Sub-Total 36.7 34.3 30.7 32.0 30.9 30.2Other Countries 63.3 65.7 69.3 68.0 69.1 69.8Source: Pakistan Bureau of Statistics*ProvisionalMeasures/steps taken by the governmentregarding exports and importsIn July, 2009 the Federal Cabinet approvedcomplete zero-rating of exports.Incentives have been given to boost exportssuch as concessionary financing, duty freeimports of raw material under temporaryimportation scheme/Duty Tax Remission onExports (DTRE), duty drawback scheme,concessions in duty/taxes on import ofmachinery and raw material of priority exportsectors, development of export clusters.Through active trade diplomacy, Governmentis trying its level best to get better marketaccess for the localbusinesses in international markets byconcluding Free Trade Agreements (FTAs)and Preferential Trade Agreements (PTAs)with different countries.Trade Development Authority of Pakistan(TDAP) is undertaking various exportpromotional activities through tradeexhibitions and delegations in the new marketsviz China, Hong Kong, Russia, Malaysia,Africa region, America and Eastern Europeetc.The following measures have been takenduring 2011-12 in the import / export regime,through Amendments in the Import Policy andExport Policy Orders:122
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Highlights of the Pakistan Economic
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SOCIAL INDICATORS2001-02 2002-03 20
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Pakistan Economic Survey 2011-12Tab
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Special SectionPakistan: Flood Impa
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Pakistan: Flood Impact AssessmentHe
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Pakistan: Flood Impact AssessmentTa
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district roads (including farm-to-m
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Pakistan: Flood Impact AssessmentAf
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System. The main canals are the Pat
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Chapter 2AgricultureThe agriculture
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Agricultureagriculture. Livestock c
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AgricultureTable 2.6: Area, Product
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Agricultureb) Minor Cropsi) Oilseed
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During July-March, 2011-12 about 36
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It is expected about Rs. 30.00 bill
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AgricultureBox-1Credit Disbursement
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AgricultureTable:2.20 Estimated Liv
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AgriculturePoultry Development poli
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AgricultureIn this connection, two
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Pakistan Economic Survey 2011-12GDP
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Chapter 3Manufacturing and Mining3.
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Manufacturing and MiningManufacturi
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Manufacturing and MiningBox-2LSM Da
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(i) Cotton Spinning SectorThe spinn
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Manufacturing and Miningyear. Howev
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Manufacturing and MiningEast. Expor
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Manufacturing and Miningsubstitute
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Page 150 and 151: Chapter 7InflationThe global econom
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Table-12.16: Unemployed - Pakistan
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Population, Labour Force and Employ
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Chapter 14EnergyEnergy is considere
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EnergyStock Issue• Recovery of re
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Energy14.1 Energy ConsumptionPakist
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Energyto 21.4 percent last year. Th
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Energy14.2-d CoalPakistan has huge
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tariff increases of 6%, 12% and 6%
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Energy14.3-b Petroleum ProductsPetr
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Energybecome a popular domestic fue
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EnergyAlso Laraib Energy Limited (
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EnergyTable 14.14: Oil and Gas Disc
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Energy14.5 Performance of Power Sec
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Energytrend of hydro-thermal energy
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Energy14.5-c Private Power and Infr
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Energy Proposal for undertaking a f
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Chapter 15Social Safety NetsBackgro
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Social Safety NetsBox-1Poverty Alle
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Social Safety NetsTable 15.4: Perce
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Social Safety Netsenterprise develo
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Social Safety Netsdignity of househ
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period of last year. Furthermore, i
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Social Safety Netsand ensure growth
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