4.1 Daily Foreign Exchange Rates Pak Rupees per Currency Unit Sep, 2018

Transcription

1 4.1 Daily Foreign Exchange Rates Pak Rupees per Currency Unit Sep, 2018 CURRENCY\DATE Australian Dollar Bahraini Dinar Canadian Dollar Chinese Yuan Danish Krone Hong Kong Dollar Japanese Yen Kuwaiti Dinar Malaysian Ringgit New Zealand Dollar Norwegian Krone Omani Riyal Qatari Riyal Saudi Arabian Riyal Singaporean Dollar Swedish Krona Swiss Franc Thai Bhat Turkish Lira UAE Dirham UK Pound Sterling US Dollar EMU Euro

2 4.1 Daily Foreign Exchange Rates Pak Rupees per Currency Unit Sep, 2018 CURRENCY\DATE Australian Dollar Bahraini Dinar Canadian Dollar Chinese Yuan Danish Krone Hong Kong Dollar Japanese Yen Kuwaiti Dinar Malaysian Ringgit New Zealand Dollar Norwegian Krone Omani Riyal Qatari Riyal Saudi Arabian Riyal Singaporean Dollar Swedish Krona Swiss Franc Thai Bhat Turkish Lira UAE Dirham UK Pound Sterling US Dollar EMU Euro Note: The Exchange Rates are mid points of T.T. Buying and Selling. Source: Statistics & Data Warehouse Department, SBP 77

3 4.2 Foreign Exchange Average Rates Pak Rupees per US Dollar PERIOD Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul- Sep Oct -Dec Jan - Mar Apr - Jun Annual PERIOD Source: Statistics & Data Warehouse Department, SBP 4.3 NEER and REER Indices of Pakistani Rupees (Average) (Base 2010 = 100) NEER REER Index % Change Index % Change (0.0018) IV (0.9374) (0.1091) 2018 I (6.8093) (7.3110) II (3.0830) (1.2772) III (2.9038) (1.3315) 2017 Aug (0.9913) (1.1109) Sep (0.7517) (0.5595) 2018 Apr (2.2790) (0.5626) May Jun (2.4398) (2.0820) Jul (3.2696) (2.5298) Aug R Sep P (0.1621) (0.6359) Source: Statistics & Data Warehouse Department, SBP Note: 1. An increase (+)/decrease (-) in NEER and REER indices indicates Nominal and Real appreciation/depreciation in the value of Pak Rs. against basket of currencies. 2. Annual/quarter/monthly data represents average for the respective calendar year, quarter and month 3. Base Year has been changed from 2005=100 to 2010=100 to aligned with International Monetary Fund (IMF) 4. REER indices may be revised due to revision in Base Year of Consumer Price Indices (CPIs) data of trading partner countries. Archive Link: 78

4 4.4 Average Exchange Rate of Major Currencies Pak Rupees per Currency Unit CURRENCY \ PERIOD Aug Sep May Jun Jul Aug Sep Australian Dollar Bahraini Dinar Canadian Dollar Chinese Yuan Danish Krone Hong Kong Dollar Japanese Yen Kuwaiti Dinar Malaysian Ringgit New Zealand Dollar Norwegian Krone Omani Riyal Qatari Riyal Saudi Arabian Riyal Singaporean Dollar Swedish Krona Swiss Franc Thai Baht Turkish lira UAE Dirham UK Pound Sterling US Dollar EMU Euro Note: - The Exchange Rates are Mid Points of T.T. Buying and Selling. Archive Link: 79 Source: Statistics & Data Warehouse Department, SBP

5 4.5 Appreciation / Depreciation * of Selected Currencies Against US Dollar (In Percent) UK South END OF Chinese EMU Indian Indonesian Iranian Japanese Malaysian Pakistani Pound Korean Swiss Turkish PERIOD Yuan Euro Rupee Rupiah Rial Yen Ringgit Rupee Sterling Won Franc Lira I II III IV I II III Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Source: Statistics & Data Warehouse Department, SBP 80

6 4.6 Appreciation / Depreciation * of Selected Currencies Against SDR (In Percent) Saudi UK South END OF Chinese EMU Indian Indonesian Iranian Japanese Malaysian Pakistani Arabian Pound Korean Swiss Turkish US PERIOD Yuan Euro Rupee Rupiah Rial Yen Ringgit Rupee Riyal Sterling Won Franc Lira Dollar I II III IV I II III Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Source: Statistics & Data Warehouse Department, SBP 81

7 4.7 Appreciation / Depreciation* of Pak Rupee Against Selected Currencies END OF PERIOD (In Percent) Quarterly IV I II III Aug Sep Jun Jul Aug Sep Australian Dollar Brazilian Real Canadian Dollar Chinese Yuan EMU Euro Hong Kong Dollar Indian Rupee Indonesian Rupiah Iranian Rial Japanese Yen Korean Won Malaysian Ringgit Saudi Arabian Riyal Singaporean Dollar Swedish Krona Swiss Franc Taiwani Dollar Thai Baht UK Pound Sterling U.S Dollar UAE Dirham Source: Statistics & Data Warehouse Department, SBP 82

8 4.8 Workers Remittances COUNTRIES FY15 FY16 FY17 FY18 (Million US Dollars) Sep Jul-Sep 2017 R 2018 P FY18 R FY19 P I. Cash 18, , , , , , , , USA 2, , , , UK 2, , , , Saudi Arabia 5, , , , , , UAE 4, , , , , ,195.8 Dubai 2, , , , Abu Dhabi 1, , , , Sharjah Others Other GCC Countries 2, , , , Bahrain Kuwait Qatar Oman EU Countries Germany France Netherlands Spain Italy Greece Sweden Denmark Ireland Belgium Malaysia 1, Norway Switzerland Australia Canada Japan Other Countries , , , II. Encashment and Profit in Rs. of FEBCs & FCBCs Pak Total (I+II) 18, , , , , , , ,419.5 Archive Link: Source: Statistics & Data Warehouse Department, SBP 83

9 I T E M S 4.9 Pakistan's Balance of Payments FY18 R FY18 R Jul-Sep (Million US Dollars) FY19 P Credit Debit Net Credit Debit Net Credit Debit Net 1. Current Account (A+B+C) 54,430 73,419 (18,989) 13,094 16,855 (3,761) 13,625 17,290 (3,665) A. Goods and services (a+b) 30,136 67,033 (36,897) 6,991 15,581 (8,590) 7,176 15,986 (8,810) a. Goods 24,824 56,002 (31,178) 5,679 12,993 (7,314) 5,884 13,756 (7,872) 1. General merchandise 24,809 56,002 (31,193) 5,673 12,993 (7,320) 5,877 13,756 (7,879) 2. Net exports of goods under merchanting (only export) Nonmonetary gold b. Services 5,312 11,031 (5,719) 1,312 2,588 (1,276) 1,292 2,230 (938) 1. Manufacturing services on physical inputs owned by others Maintenance and repair services n.i.e (78) 3 9 (6) 1 20 (19) 3 Transport 959 3,971 (3,012) (709) (654) 4 Travel 369 2,111 (1,742) (524) (318) 5 Construction Insurance and pension services (177) 8 55 (47) (56) 7 Financial services (161) (25) (6) 8 Charges for the use of intellectual property n.i.e (218) 2 74 (72) - 39 (39) 9 Telecommunications, computer, and information services 1, Other business services 1,359 2,928 (1,569) (216) (220) 11 Personal, cultural, and recreational services Government goods and services n.i.e. 1, B. Primary Income 679 6,166 (5,487) 168 1,225 (1,057) 168 1,247 (1,079) 1. Compensation of employees Investment income 568 6,130 (5,562) 139 1,215 (1,076) 138 1,242 (1,104) 2.1 Direct investment 17 3,217 (3,200) (716) (575) Investment income on equity and investment fund shares 17 3,154 (3,137) (709) (570) Interest - 63 (63) - 7 (7) - 5 (5) 2.2 Portfolio investment 364 1,040 (676) (26) (49) Investment income on equity and investment fund shares (308) - 41 (41) 4 30 (26) Interest (368) (23) 2.3 Other investment 75 1,873 (1,798) (364) (523) Withdrawals from income of quasi corporations Interest 75 1,873 (1,798) (364) (523) Investment income attributable to policyholders in insurance, pension fund Reserve assets Other primary income C. Secondary Income 23, ,395 5, ,886 6, , General government Financial corporations, nonfinancial corporations, households, and NPISHs 22, ,493 5, ,743 6, , Capital account Gross acquisitions (DR)/disposals (CR) of nonproduced nonfinancial assets Capital transfers General government Debt forgiveness Other Capital transfers Financial corporations, nonfinancial corporations, households, and NPISHs Debt forgiveness Other Capital transfers Net lending (+) / net borrowing ( ) (balance from current and capital accounts) (1+2) 54,821 73,419 (18,598) 13,201 16,855 (3,654) 13,725 17,290 (3,565) 84

10 I T E M S 4.9 Pakistan's Balance of Payments Net acquisition of financial assets FY18 R Net incurrence of liabilities Net FY18 R Net Net acquisition incurrence of of financial liabilities assets Net Jul-Sep (Million US Dollars) FY19 P Net Net acquisition incurrence of of financial liabilities assets 3. Financial account (6,033) 13,422 (19,455) (2,561) 1,456 (4,017) (1,203) 1,855 (3,058) 1. Direct investment 10 3,092 (3,082) (763) (438) 1.1 Equity and investment fund shares 8 2,721 (2,713) (792) (402) 1.2 Debt instruments (369) - (29) (36) 2. Portfolio investment (48) 2,210 (2,258) (28) (126) 98 (52) (185) Equity and investment fund shares (18) (239) (75) 75 - (185) Debt instruments (30) 2,449 (2,479) (28) (51) 23 (52) - (52) 3. Financial derivatives (other than reserves) and employees stock options Other investment 209 8,120 (7,911) (388) 817 (1,205) (248) 1,601 (1,849) 4.1 Other equity Currency and deposits (233) 263 (496) (596) 40 (636) (192) 7 (199) Central bank - 2 (2) (1) Deposit-taking corporations, except the central bank (261) 261 (522) (525) 40 (565) (228) 6 (234) General government 3-3 (11) - (11) Other sectors (60) - (60) Loans - 6,142 (6,142) (504) - (444) 444 Central bank - (86) (84) 84 Deposit-taking corporations, except the central bank General government - 4,389 (4,389) (130) - (439) 439 Other sectors - 1,839 (1,839) (374) - 79 (79) 4.4 Insurance, pension, and std. guarantee schemes Central bank Deposit-taking corporations, except the central bank General government Other sectors Trade credit and advances (3) Central bank Deposit-taking corporations, except the central bank General government Other sectors (3) Other accounts receivable/ Payable (62) 1,712 (1,774) (250) (115) 2,032 (2,147) Central bank - 1,546 (1,546) Deposit-taking corporations, except the central bank (62) (338) (267) (115) 35 (150) General government (496) - (4) 4-2,000 (2,000) Other sectors - 8 (8) - (13) 13 - (3) Special drawing rights Reserve assets (6,204)... (6,204) (2,147)... (2,147) (904)... (904) 5.1 Monetary gold Special drawing rights (128)... (128) (30)... (30) (36)... (36) 5.3 Reserve position in the IMF Other reserve assets (6,076)... (6,076) (2,117)... (2,117) (868)... (868) Net Credit Debit Net Credit Debit Net Credit Debit Net 4. Errors and Omissions (857) (363) Exceptional Financing Not Applicable Source: Statistics & Data Warehouse Department, SBP From July 2013, the BOP statement is being compiled under the guideline of BPM6 see RR: Based on regular foreign investment survey of entities having foreign direct investment, a significant amount ($746 million) of profit is reported to have been reinvested by foreign direct investors mainly in financial, power and telecom sectors. The reinvested earnings resulted increase in FDI and current account deficit. Details of sector-wise FDI is available at: Archive Link: 85

11 4.10 International Investment Position of Pakistan End period (Million US $) Mar R Jun R Sep R Dec R Mar R Jun P A. Assets 29,366 30,026 27,599 28,446 25,849 23, Direct investment 2,009 2,012 1,936 1,970 1,981 1, Equity and investment fund shares 1,970 1,973 1,897 1,930 1,942 1, Direct investor in direct investment enterprises 1,970 1,973 1,897 1,930 1,942 1, Direct investment enterprises in direct investor (reverse invst.) Between fellow enterprises Debt instruments Direct investor in direct investment enterprises Direct investment enterprises in direct investor (reverse invst.) Between fellow enterprises Portfolio investment Equity and investment fund shares Central bank Deposit-taking corporations, except the central bank General government Other sectors Debt securities Central bank Deposit-taking corporations, except the central bank General government Other sectors Financial derivatives (other than reserves) and employee stock options Other investment 6,529 7,478 7,182 7,525 7,325 7, Other equity Currency and deposits 1,156 2,044 1,503 1,693 1,569 1, Loans Insurance, pension, and standardized guarantee schemes Trade credit and advances 4,300 4,305 4,488 4,594 4,613 4, Other accounts receivable 952 1,007 1,069 1,115 1, Reserve assets 20,426 20,130 18,105 18,455 16,049 13, Monetary gold 2,582 2,578 2,663 2,691 2,748 2, Special drawing rights Reserve position in the fund Other reserve assets 17,225 16,944 14,855 15,204 12,761 10, Currency and deposits 8,957 8,084 5,582 6,528 3,514 3, Securities 6,465 7,172 7,335 6,892 6,888 4, Financial derivatives Other claims 1,803 1,688 1,938 1,784 2,359 2,857 86

12 4.10 International Investment Position of Pakistan (Million US $) Mar R Jun R Sep R Dec R Mar R Jun P B. Liabilities 124, , , , , , Direct investment 42,420 43,186 42,566 42,537 44,415 43, Equity and investment fund shares 39,108 39,743 39,039 38,851 40,675 39, Direct investor in direct investment enterpr. 39,108 39,743 39,039 38,851 40,675 39, Direct investment enterpr. in direct investor (reverse investment) Between fellow enterprises Debt instruments 3,311 3,443 3,526 3,686 3,740 3, Direct investor in direct investment enterpr. 3,311 3,443 3,526 3,685 3,740 3, Direct investment enterpr. in direct investor (reverse investment) Between fellow enterprises Portfolio investment 12,926 11,974 10,754 12,891 13,671 12, Equity and investment fund shares 7,364 7,112 5,940 5,578 6,357 5, Central bank Deposit-taking corp. except central bank 2,664 2,667 2,203 2,136 2,470 2, General government Other sectors 4,700 4,444 3,737 3,442 3,888 3, Debt securities 5,562 4,862 4,814 7,313 7,313 7, Central bank Deposit-taking corp. except central bank General government 5,550 4,850 4,802 7,301 7,301 7, Other sectors Financial derivatives (other than reserves) and employee stock options Other investment 68,932 75,043 76,811 78,120 80,987 83, Other equity Currency and deposits 1,871 1,928 1,910 1,952 1,956 2, Loans 63,248 69,251 70,990 72,216 74,995 76, Insurance, pension, and SGS Trade credit and advances Other accounts payable 1,868 1,889 1,913 1,944 1,997 3, Special drawing rights (Net incurrence of liab) 1,344 1,375 1,397 1,408 1,437 1,390 International investment position - Net (94,918) (100,180) (102,536) (105,116) (113,239) (116,531) Source: Statistics & Data Warehouse Department, SBP Notes: International Investment Position of Pakistan as per Balance of Payments and International Investment Position Manual - Sixth Edition (BPM6) is being introduced from 2014Q1. SGS:- Standardized Gurantee Schemes Archive Link:

13 End Period Gold * SDRs 4.11 Gold and Foreign Exchange Reserves SBP Cash Foreign Currency Nostro 1 Total SBP Resrves (2+3+4)** Foreign exchange reserves with Net Reserves with SBP (2+4) FE-25 2 Trade Nostro Scheduled Banks Deposits Utilizations Total Placement abroad (other than FE-25) Trade Finance FE-25 Placements in Pakistan Others Banks Reserves ( )** Net Reserves With Banks (7-10) (Million US Dollars ) SBP and Scheduled Banks Total Reserve Assets** ( ) Total Liquid FX Reserve (6+14) FY 14 2, ,267 9,173 9,098 6,684 (391) 116 1, ,161 2,509 5,044 14,407 14,141 FY 15 2, ,816 13,538 13,526 6,463 (278) 86 1, ,172 2,717 5,173 18,683 18,699 FY 16 2, ,497 18,192 18,143 6,323 (574) 3 1, ,702 2,608 4,956 23,539 23,098 FY 17 2, ,538 16,243 16,145 6,963 (232) 139 1, ,057 3,039 5,258 21,861 21,403 FY18 P 2, ,301 9,890 9,789 7,591 (259) ,136 3,211 6,618 15,699 16, Aug 2, ,093 14,828 14,681 6,978 (567) 3 1, ,464 2,629 5,719 20,180 20,401 Sep 2, ,271 14,038 13,857 7,139 (774) 202 1, ,674 2,608 5,918 19,310 19,775 Oct 2, ,908 13,674 13,491 7,311 (497) 3 1, ,707 2,827 6,092 19,137 19,584 Nov 2, ,103 12,845 12,661 7,378 (439) 3 1, ,012 2,592 6,113 18,095 18,774 Dec 2, ,547 14,329 14,107 7,295 (305) 2 1, ,878 2,841 6,070 19,861 20, Jan 2, ,220 13,023 12,794 7,364 (376) 19 1, ,013 2,719 6,162 18,534 18,956 Feb 2, ,689 12,465 12,227 7,397 (378) 3 1, ,878 2,769 6,089 17,970 18,317 Mar 2, ,063 11,823 11,602 7,515 (413) 9 1, ,973 2,755 6,211 17,326 17,813 Apr 2, ,856 11,576 11,389 7,361 (409) 9 1, ,916 2,735 6,130 17,037 17,520 May 2, ,019 9,651 9,510 7,497 (531) 2 1, ,061 2,730 6,403 15,093 15,913 Jun 2, ,301 9,890 9,789 7,591 (518) ,136 2,952 6,618 15,440 16,407 Jul 2, ,724 10,351 10,211 7,602 (502) ,199 2,911 6,680 15,799 16,891 Aug 2, ,434 10,240 9,885 7,488 (380) ,343 2,720 6,505 15,458 16,390 Sep P 2, ,958 8,877 8,409 7,435 (321) ,405 2,722 6,512 14,065 14,921 * Excludes RBI Holding ** Compiled as per IMF Balance of Payments Manual Guidelines 1. Excludes FE-13/CRR, unsettled claims on India and includes sinking fund. 2. Includes FE-13/CRR. Source: Statistics & Data Warehouse Department, SBP 88

14 4.12 Foreign Currency Deposits DESCRIPTION Foreign Currency Deposits (Million US Dollars) Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep A. FE-25 Deposits 7, , , , , , , , , , , , , Resident 6, , , , , , , , , , , , ,924.7 i) Demand Deposits 2, , , , , , , , , , , , ,620.0 ii) Savings Deposits 2, , , , , , , , , , , , ,691.1 iii) Time Deposits 1, , , , , , , , , , , , , Non- Resident i) Demand Deposits ii) Savings Deposits iii) Time Deposits B. Old FCAs Deposits Non- Resident Resident Total 7, , , , , , , , , , , , ,447.0 FE-25 Deposits Utilization 7, , , , , , , , , , , , , Financing 1, , , , , , , , , i) Exports Financing a) Pre-Shipment b) Post-Shipment ii) Import Financing Placements 1, , , , , , , , , , , , ,951.0 i) With State Bank of Pakistan 1, , , , , , , , , , , , ,432.8 a) CRR b) SCRR 2 1, , , , , , , , , , , , ,052.1 ii) With Banks a) Within Pakistan b) Outside Pakistan Balances 1, , , , , , , , , , , , ,156.2 i) Balance held abroad 1, , , , , ii) Cash in hand Others 2, , , , , , , , , , , , ,404.8 Note: The data relates to last working day of the month. 1. Cash Reserve Requirement 2. Special Cash Reserve Requirement Archive Link: Source: Statistics & Data Warehouse Department, SBP 89

15 I Country Foreign Private Investment 4.13 Foreign Investment in Pakistan by Country Direct Investment (Net) (Million US Dollars) Sep 2018 Jul- Sep FY19 P Jul- Sep FY 18 R Portfolio Investment (Net) Total Direct Investment (Net) Portfolio Investment (Net) Total Direct Investment (Net) Portfolio Investment (Net) (55.7) (185.3) (78.2) Argentina Australia (..) (7.3) (7.3) (..) (9.6) (9.6) Austria (..) - (..) Bahrain (..) (..) Bangladesh Brunei Canada (0.3) (0.7) 0.1 (0.6) (0.3) (5.6) China (1.6) (1.0) (4.4) Denmark Egypt 1.0 (0.5) (0.3) (8.3) Finland (0.6) (0.3) (0.5) France 0.7 (1.5) (0.9) 3.2 (2.2) Germany Hongkong 0.2 (0.9) (0.8) 1.5 (6.6) (5.1) 1.0 (90.8) Indonesia Iran Ireland - (4.1) (4.1) 0.2 (7.7) (7.5) Italy Japan (1.2) Korea (South) Kuwait (3.9) (0.4) (4.3) (28.6) (0.2) (28.8) (7.0) (2.1) Lebanon Libya Luxembourg (0.1) (7.1) (7.3) (0.4) (49.1) (49.5) - (86.8) Malaysia Netherlands NewZealand Norway (20.0) - (20.0) (39.9) - (39.9) (46.3) - (72.2) 29 Oman (0.3) 0.1 (0.2) (1.0) 0.1 (0.9) (1.0) Philippines Poland Portugal Qatar (0.5).. (0.5) (2.5) (..) (2.5) Saudi Arabia (1.3) Singapore (0.6) (6.2) South Africa Sri Lanka Sweden 3.2 (5.4) (2.2) 5.9 (5.9).. (0.4) (5.2) Switzerland (0.1) (0.1) Thailand Turkey U.A.E (1.7) (0.8) (2.5) (2.2) (4.5) (6.7) United Kingdom 13.8 (4.4) (9.7) (45.9) United States of America 4.8 (22.6) (17.8) 25.2 (70.1) (44.8) Others 10.9 (3.5) (26.3) (5.8) 31.0 (24.6) 21.0 II Foreign Public Investment - (..) (..) (49.6) (49.6) Debt Securities - (..) (..) (49.6) (49.6) Total (55.7) (185.2) (127.8) Archive Link: Total Source: Statistics & Data Warehouse Department, SBP 90

16 Sr Foreign Direct Investment Classified by Economic Groups (Million US Dollars) SECTOR Sep 2018 P Jul- Sep FY19 P Jul- Sep FY18 R Inflow Outflow Net FDI Inflow Outflow Net FDI Inflow Outflow Net FDI 1 Food Food Packaging (3.3) 3 Beverages (0.8) (7.6) (2.4) 4 Tobacco & Cigarettes Sugar Textiles Paper & Pulp -.. (..) Leather & Leather Products Rubber & Rubber Products Chemicals Petro Chemicals Petroleum Refining Mining & Quarrying (0.2) (0.4) (0.5) 14 Oil & Gas Explorations of which Privatization proceeds Pharmaceuticals & OTC Products Cosmetics (..) (0.1) 17 Fertilizers Cement Ceramics -.. (..) (0.1) 20 Basic Metals Metal Products (0.5) (1.4) (1.0) 22 Machinery other than Electrical Electrical Machinery Electronics (0.8) I) Consumer/Household (2.0) II) Industrial Transport Equipment(Automobiles) I) Motorcycles II) Cars III) Buses,Trucks,Vans & Trail (1.8) (5.5) (11.6) 26 Power I) Thermal of which Privatization proceeds II) Hydel proceeds III) Coal Construction Trade (1.3) Transport Tourism Storage Facilities Communications (20.5) (41.9) ) Telecommunications (22.3) (48.6) of which Privatization proceeds 2) Information proceeds Technology I) Software Development II) Hardware Development III) I.T.Service ) Postal & Courier Services Financial Business of which Privatization proceeds Social Services proceeds (3.9) 35 Personal Services (1.1) 36 Others (1.8) TOTAL TOTAL without Privatization proceeds Archive Link: Source: Statistics & Data Warehouse Department, SBP 91

17 4.15 Balance of Trade (a) State Bank of Pakistan (Million US Dollars) PERIOD Exports (BOP) Period Growth Rate Imports (BOP) Period Growth Rate Balance of Trade Value (a) Cumulative (b) % Value (c) Cumulative (d) % a-c b-d FY14 25, , (16,590) -- FY15 24, (3.9) 41, (0.7) (17,267) -- FY16 21, (8.8) 41, (0.2) (19,283) -- FY17 22, , (26,680) -- FY18 R 24, , (31,178) R Jul 1,825 1, ,644 4, (2,819) (2,819) Aug 2,101 3, ,343 8, (2,242) (5,061) Sep 1,753 5, ,006 12, (2,253) (7,314) Oct 1,973 7, ,455 17, (2,482) (9,796) Nov 2,172 9, ,662 22, (2,490) (12,286) Dec 2,007 11, ,479 26, (2,472) (14,758) 2018 P Jan R 2,100 13, ,930 31, (2,830) (17,588) Feb R 2,056 15, ,307 35, (2,251) (19,839) Mar R 2,315 18, ,939 40, (2,624) (22,463) Apr R 2,248 20, ,949 45, (2,701) (25,164) May R 2,260 22, ,165 50, (2,905) (28,069) Jun R 2,014 24, ,123 56, (3,109) (31,178) Jul 2,009 2, ,493 5, (3,484) (3,484) Aug R 2,087 4, ,460 9, (2,373) (5,857) Sep P 1,788 5, ,803 13, (2,015) (7,872) Trade data compiled by Pakistan Bureau of Statistics and State Bank of Pakistan may differ from each other due to the following reasons:- 1- The SBP Exports (BOP) & Imports (BOP) include general merchandise, repairs on goods and goods procured on parts by carriers. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel. Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on physical movement of goods crossing the custom boundaries of Pakistan. 2- The SBP data is gendered merchandise based on Balance of Payment Manual (BPM6), whereas PBS data is on Carriage Insurance & Freight (c. i. f.) basis. 3- Cumulative figures are of Financial Year (Jul-Jun). Archive Link: 92

18 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Million US Dollar Million US Dollar Balance of Trade (a) State Bank of Pakistan Yearly Trade Data 65,000 55,000 45,000 35,000 25,000 15,000 5, Exports Imports Monthly Trade Data 5,900 5,400 4,900 4,400 3,900 3,400 2,900 2,400 1,900 1,400 Exports Imports 12 Months Moving Average Exports 12 Months Moving Average Imports 93

19 4.15 Balance of Trade (b) Pakistan Bureau of Statistics ( Million US Dollars) PERIOD Exports (a) Re-exports (b) Cumulative (c) Period Growth Rate % Imports (d) Re-imports (e) Cumulative (f) Period Growth Rate % Balance of Trade (a+b)-(d+e) (c-f) FY14 25, , (19,820) -- FY15 23, (5.6) 45, (22,167) -- FY16 20, (12.2) 44, (2.5) (23,921) -- FY17 20, (0.9) 52, (32,347) -- FY18 23, , (37,482) Jul 1, , , , (3,176) (3,182) Aug 1, , , , (3,052) (6,244) Sep 1, , , , (2,775) (9,014) Oct 1, , , , (2,958) (12,023) Nov 1, , , , (2,784) (14,813) Dec 1, , , , (2,898) (17,719) 2018 Jan 1, , , , (3,631) (21,323) Feb 1, , , , (2,854) (24,191) Mar 2, , , , (3,025) (27,216) Apr 2, , , , (2,942) (30,169) May 2, , , , (3,626) (33,812) Jun 1, , , , (3,767) (37,583) Jul 1, , , ,807 (0.02) (3,179) (3,161) Aug P 2,017-3, ,992-9, (2,975) (6,137) Sep P 1,728-5, ,430-14, (2,703) (8,839) Source : Pakistan Bureau of Statistics Trade data compiled by Pakistan Bureau of Statistics and State Bank of Pakistan may differ from each other due to the following reasons:- 1. The SBP Exports (BOP) & Imports (BOP) include general merchandise, repairs on goods and goods procured on parts by carriers. The SBP export and imports are based on realization of export proceeds and import payments made through the banking channel. Information on exports and imports unaccounted for by the banking channel are collected from the relevant sources and added to the exports/imports data reported by banks to arrive at the overall exports and imports. The trade data of PBS is, on the other hand, based on physical movement of goods crossing the custom boundaries of Pakistan. 2- The SBP data is gendered merchandise based on Balance of Payment Manual (BPM6), whereas PBS data is on Carriage Insurance & Freight (c. i. f.) basis. 94

20 Sep-15 Oct-15 Nov-15 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Million US Dollar Million US Dollar Balance of Trade (b) Pakistan Bureau of Statistics 65,000 Yearly Trade Data 55,000 45,000 35,000 25,000 15,000 5, Exports Imports Monthly Trade Data 6,500 6,000 5,500 5,000 4,500 4,000 3,500 3,000 2,500 2,000 1,500 1,000 Exports Imports 12 Months Moving Average Exports 12 Months Moving Average Imports 95

21 4.16 Exports By Selected Commodities (a) State Bank of Pakistan (Thousand US Dollars) COMMODITIES R 2017 R 2018 P Aug Sep May R Jun R Jul Aug R Sep A. Food Group 3,617,648 4,811, , , , , , , ,416 1 Rice 1,574,950 1,932, ,024 98, , , , ,621 92,540 A) Basmati 514, ,359 53,149 42,914 51,001 44,061 48,319 41,506 30,925 B) Others 1,060,678 1,381,494 61,874 55, ,407 87, ,390 97,115 61,616 2 Fish & Fish Preparations 391, ,000 22,221 32,487 57,138 43,877 22,323 19,421 28,793 3 Fruits 308, ,161 25,871 19,106 27,210 27,531 41,253 35,552 22,822 4 Vegetables/Leguminous vegetable 107, ,617 9,801 7,959 14,790 11,718 14,788 14,223 9,568 5 Tobacco 18,636 18, , ,120 6 Wheat 2, , ,188 16, , Spices 91,294 80,276 4,235 4,634 9,815 5,813 5,262 9,579 5,928 8 Oil Seeds, Nuts and Kernals 31,115 32,698 2,562 5, , ,065 5,759 9 Sugar 198, ,820 8,594 10,452 80,158 47,187 32,059 13,159 2, Meat and Meat Preparations 223, ,926 18,791 14,318 20,423 18,012 15,962 19,537 14, All Other Food Items 670, ,735 47,667 39, ,477 64,197 61,940 61,755 76,079 B. Textile Group 12,456,891 13,365,969 1,168,504 1,079,181 1,164,126 1,104,262 1,186,894 1,173,007 1,118, Raw Cotton 40,521 56,947 1,809 13, , ,489 3, Cotton Yarn 1,140,214 1,246, , , , , , , , Cotton Cloth 2,123,042 2,173, , , , , , , , Cotton Carded or Combed 51,968 2, Yarn Other than Cotton Yarn 21,037 29,769 2,189 2,468 3,024 2,684 3,450 2,215 2, Knitwear 2,334,599 2,614, , , , , , , , Bed Wear 2,156,753 2,345, , , , , , , , Towels 678, ,023 59,624 57,180 67,035 63,139 58,246 65,866 55, Tents, Canvas & Tarpaulin 147,107 85,257 6,393 3,914 6,675 4,603 7,537 6,877 2, Readymade Garments 2,279,450 2,474, , , , , , , , Art, Silk & Synthetic Textile 262, ,179 24,410 22,999 26,230 24,191 23,274 22,841 20, Makeup Articles (incl. Other Tex) 671, ,993 69,359 64,875 60,495 57,060 69,212 62,319 56, Other Textile Materials 549, ,687 49,449 47,775 55,109 45,655 44,381 43,911 43,134 C. Petroleum Group 410, ,511 50,116 43,556 64,403 63,186 37,796 85,791 58, Petroleum Crude 6,964 3, ,820 23, Petroleum Products 83, ,218 16,843 10,789 18,036 22,567 19,735 23,621 20, Solid Fuel including Naphtha 320, ,112 33,273 32,767 46,367 40,619 18,061 17,350 13,960 D. Other Manufacture 3,658,641 4,131, , , , , , , , Carpets, Rugs & Mats 93,646 84,262 7,235 6,137 7,144 7,652 6,383 6,167 6, Sports Goods 551, ,421 49,996 38,006 49,249 48,579 42,015 44,642 37, Leather Tanned 378, ,848 32,439 27,286 35,927 29,962 25,990 25,295 21, Leather Manufactures 486, ,886 55,023 52,720 57,199 54,725 51,079 55,081 43, Footwear 89, ,552 10,643 8,931 9,807 8,787 10,236 10,624 9, Surgical Goods & Medical Instr. 396, ,253 44,137 30,942 37,780 42,502 35,505 38,929 31, Cutlery 60,240 67,553 5,599 5,109 6,202 5,361 5,214 6,162 5, Onyx Manufactured 8,341 6, Chemical and Pharmaceutica Products 1,113,300 1,388, , ,274 96,214 86,741 96, ,241 93, Engineering Goods 182, ,278 18,881 14,332 23,893 15,817 14,151 28,196 21, Gems 6,826 6, , Jewellary 7,602 8, Furniture 3,622 3, Molasses 9,075 11,841 1,017 4,509 1, ,276 2, Handicrafts Cement 242, ,971 22,426 19,363 16,685 18,861 20,593 24,555 27, Guar and Guar Products 27,450 32,359 2,291 1,458 3,176 2,710 2,565 2,805 2,057 E. All Others 1,218,660 1,391, ,975 83, , ,975 96, ,739 83,398 Export Receipts (Banks) 21,362,559 24,274,855 1,982,499 1,773,965 2,257,865 1,960,385 2,001,472 2,058,643 1,824,101 F.Other Exports 836, , ,366 (3,621) 18,371 71,641 25,673 46,507 (17,951) G. Less: Freight and insurance 196, ,790 21,865 17,344 16,236 18,026 18,146 18,150 18,150 Total Export BOP 22,003,050 24,824,000 2,101,000 1,753,000 2,260,000 2,014,000 2,008,998 2,087,000 1,788,000 Note: Other exports includes land borne export, export of samples, export processing zone, outstanding export bills and refund & rebate, repairs on goods, goods procured on ports by carriers less freight on exports. Archive Link: 96