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pakistan total exports 2020 in dollars

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According to data released by the State Bank of Pakistan (SBP), Pakistan's exports of frozen seafood were increased by 83.70% to $73.947m in the first seven months of 2019-2020 fiscal year. Given Pakistan's population of 208.6 million people, its total $45.8 billion in 2020 imports translates to an estimated $220 in yearly product demand from every person in the South Asian . ASEAN Statistical Yearbook 2021 Download Now The ASEAN Statistical Yearbook 2021 covers data for the period of 2011-2020. transport, tourism, agriculture, manufacturing, and other socio-economic indicators. Export of Goods by Country /Commodity and Services by Country / Type. Courtesy: Collected The overall exports of textile and clothes had been $15.4 billion in 2020-21 compared to $12.526bn in the previous year, according to the recent data by the Pakistan Bureau of Statistics. A five-year trend of anemic economic freedom has weakened further. This is the second time the GDP rate for 2020-21 has been revised, from an initial 2.3 per cent set in the 2020 annual budget to 3.9 per cent later. Pakistan exports in the current fiscal year have witnessed persistent growth. The estimated number of Pakistani individuals who make more than $10,000 a year went from just over 76,000 in 1999 to a peak of 1.1 million in 2017 before falling back down to just under 400,000 in 2019. 426,080 million (provisional) in June, 2021 and Rs. Exports of electronic products account for 55.9 percent of the total exports. Pakistan's agriculture sector is the mainstay of the economy and a primary source of livelihood. Suspension or ban of import. 373,430 million (provisional) as against Rs. U.S. GDP growth accelerated to 6.9% in the fourth quarter, according to the BEA's third estimate, up from 2.3% in the third quarter. Download Historical Data Save as Image The average value for Pakistan during that period was 121.6 billion U.S. dollars with a minimum of 17.1 billion U.S. dollars in 1960 and a maximum of 322.6 billion U.S. dollars in 2019. Pakistan Exports By Country - was last updated on Sunday, April 24, 2022. According to the IMF, the unemployment rate in Pakistan was 4.1% in 2019 and reached 4.5% in 2020, and now the country's unemployment rate is expected to reach 5.1% in 2021. 368,976 million (provisional) as against Rs. Though Pakistan arms exports fluctuated substantially in recent years, it tended to decrease through 1971 - 2019 period ending at 1 million US dollars in 2019. Pakistan's GDP growth has gradually increased since 2012, and was 5.3% in 2017. Pakistan's trade with Africa reaches $4.18bn in 2020: Razak Dawood. August 05, 2020 ISLAMABAD: While envisaging exports target based on three different scenarios ranging from $22 billion to $24 billion for the current fiscal year, Pakistan's exports fetched $1.998 billion in July 2020 against $1.889 billion in the same month of the last fiscal year 2019, witnessing 5.8 percent growth in dollar terms. This page provides - Pakistan Exports - actual values, historical data, forecast, chart . 223,536 million (provisional) as compared to rs. Human development continues to lag behind most of the region. ISLAMABAD: Pakistan's textile and clothing exports posted a negative growth of over six per cent to $12.526 billion in the fiscal year 2019-20, as compared to $13.3 billion in the corresponding period of 2018-19. Merchandise exports decreased by $ 1.51 billion (the value of merchandise exports from Pakistan amounted to $23 billion in 2019) Exports | Pakistan HS Code Export USD$ (63) Textile Articles: $4,058,657,509 (52) Cotton: $3,242,493,094 United States. Exports in Pakistan decreased to 493495 PKR Million in March from 497602 PKR Million in February of 2022. Shattering the previous record of 10.45 billion US dollars, Pakistan took out 15.32 billion US dollars in new foreign loans in the fiscal year 2020-21, according to a new government report. Exports in Pakistan averaged 58800.74 PKR Million from 1957 until 2022, reaching an all time high of 502009 PKR Million in November of 2021 and a record low of 51 PKR Million in April of 1958. Pakistan's exports to China have increased by 68.9 percent in year 2021 and crossed the historical figure of 3.58 billion dollars. 3. The resource availability during 2020-21 has been estimated at Rs 6,314.9 Both domestic and external debts have depicted a downward trend from last year. In macroeconomic terms, Pakistan's total exported goods represent 2% of its overall Gross Domestic Product for 2020 ($1.11 trillion valued in Purchasing Power Parity US dollars). Exports of Pakistan increased from 10,471 million US dollars in 2001 to 27,296 million US dollars in 2020 growing at an average annual rate of 5.72%. 2019. Exports of products topped $42.36 billion, setting a new record and growing 9 percent from 2020. The numbers on the upper middle class tell a similar story. In 2020, China exported an estimated $2.72 trillion worth of goods and services, primarily electronic equipment and machinery such as broadcast equipment, computers, integrated circuits, office machine parts, and telephones. 305,303 million during may, 2019 explaining a rise of 42.01 percent over april, 2020 but a … Overall commodity exports from Pakistan decreased by 6.36% compared to 2019. Pakistan's exports to China have increased by 68.9 percent in year 2021 and crossed the historical figure of 3.58 billion dollars. Export of Goods and Services by Country. 4. What is exports? according to the provisional figures compiled by the pakistan bureau of statistics (pbs), exports from pakistan during june 2021 amounted to rs426.126 billion (provisional) as against rs256.105 billion (provisional) in may, 2021 and rs263,985 billion during june2020, showing an increase of 66.39 percent over may 2021 and of 61.42 percent over … By commodity group, exports of electronic products continued to be the country's top export with total earnings of USD3.23 billion. Among the top exported items - mineral fuels (oil) and gems and precious metals were the two most exported . Import of used plant, machinery and equipment. The budget was presented in the Parliament by the Federal Minister Hammad Azhar. Note: The size of the bubbles reflects Singapore's total merchandise trade value with the trading partner. Pakistan exports for 2020 was $25.26B, a 10.29% decline from 2019. According to the official data from the General Administration of Customs of China, the total import and export between the two countries stood at 27.82 billion dollars. S$ 105.7 Bil. Agricultural Export Yearbook provides a statistical summary of U.S. agricultural commodity exports to the world. This summary lists only the United States' primary trading partners. Gross public debt, including PSEs, was 87% of GDP In dollar terms, in FY 20, external debt reached 43% of GDP, up from 30% of GDP in 2018. Consumer spending growth accelerated modestly but remained well below its pace in the first half of the year. For the July-October 2021 period, Pakistan's total exports grew 25% to $9.468 billion as compared to $7.576 billion during July-October 2020. According to the last population cencus in 2017 by Statistics bureau of pakistan, Country has population of 207 million people (5th-largest worldwide), the nominal GDP of Pakistan stands at US$347.74 billion with a nominal GDP per capita of US$1,562.26 (172th worldwide); its GDP based . The government expects $31 billion in remittances for the current fiscal . Just coming out! 2. Export of Goods by Commodity and Services by Type in Pak. Pakistan exports for 2019 was $28.15B, a 0.25% decline from 2018. KARACHI: Commerce Adviser Razak Dawood on Monday said Pakistan`s exports to Afghanistan during July-April 2021 have grown by 15 per cent to $869 million from $754 million a year ago. 157,412 million (provisional) in april, 2020 and rs. This site uses cookies to optimize functionality and give you the best possible experience. Pakistan's economy slowed in 2019 and contracted in 2020. 426,080 million (provisional) in June, 2021 and Rs. Official unemployment was 6% in 2017, but this fails to capture the true picture, because much of the economy is informal and underemployment remains high. `MOC [Ministry of Commerce] is glad to share that Pakistan`s exports to Afghanistan during Jul-Apr 2021 have grown by 15% to USD 869 million as compared to USD 754 million during Jul-Apr 2020. On Dec 28, 2020. Pakistan's desire to maintain strategic relations with China has resulted in the $62 billion China-Pakistan Economic Corridor (CPEC), a set of infrastructure projects, being mired in . ASEAN Key Figures 2021 Download Now This is the third edition of the ASEAN Key Figures! According to The Express Tribune, the report shows that the incumbent government has almost doubled Pakistan's external debt in just three years, adding 35.1 billion US dollars to take the total figure to . Statements. In FY 2020, Pakistan's total debt and liabilities was 107% of GDP. Favorable weather in rice producing areas sets the USDA's market year 2019-20 . ISLAMABAD: Pakistan can increase its exports by up to $12 billion by 2024 even after taking into account disruptions due to Covid-19, according to the International Trade Centre's latest export . The net exports were $423 million or 70.97% of $596. The data reached an all-time high of 116.1 % in Apr 2021 and a record low of -46.7 % in Apr 2020. Data are in current U.S. dollars. 373,430 million (provisional) as against Rs. Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood says Pakistan's trade with African countries has reached 4.18 billion dollars in 2019-20, which was increased by seven percent as compared to the previous year (2018-19). Export of Goods by Country /Commodity and Services by Country / Type. Although Pakistan's textile industry is . The 2020 U.S. Export of Goods by Commodity and Services by Type in US $. KARACHI: Commerce Adviser Razak Dawood on Monday said Pakistan`s exports to Afghanistan during July-April 2021 have grown by 15 per cent to $869 million from $754 million a year ago. Please note the exports, imports and tariff data are based on reported data and not gap filled. The strength was less than it appears, as inventory accumulation accounted for more than 75% of the gain. Pakistan. The October 2021 Pakistan Development Update: Reviving Exports shows that the country's real GDP growth rebounded to 3.5 percent in FY2021, after contracting by 0.5 percent in FY2020 with the onset of the global pandemic. These 100 exported goods were worth a subtotal of US$20.2 billion or 90.9% by value for all products exported from Pakistan during 2020. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Statements. In comparison, Pakistan's exports increased by only 50 percent, from 19.1 billion dollars to 28.7 billion dollars. Year. 27,296,010,000 (US dollars) in 2020 In 2020, exports for Pakistan was 27,296 million US dollars. LAHORE: The fruit pulp industry has urged the government to encourage the mango growers and exporters to go for conversion of mango fruit into natural pulp (without any additives and preservatives) through Aseptic packing that increases the shelf life up to 24 months and . Export of Goods by Commodity and Services by Type in US $. Pakistan's rice exports hit a record of 4.5 million tonnes during market year 2018-19, "the continuing devaluation of the Pakistani rupee against the dollar, down 40% since December 2017, is helping maintain the export momentum," the report said. It is also called Corona budget as it was presented during the Corona Crisis. . Imports into Gwadar special economic zone. S$ 34.1 Bil. Clearance of importable goods sent by overseas Pakistanis without involvement of foreign exchange. This accounts for three million employment opportunities. 1. Exports Goods only. During FY 2020-21, the agriculture sector contributed 19.2 percent to the country's GDP and employs 38.5 percent of the total workforce. . The government called the budget a Relief budget but major opposition parties PPP and PML-N . On Friday, Federal Minister for Industries and Production, Hammad Azhar, presented the budget of 7,294.9 billion PKR ($44 billion) for the upcoming fiscal year starting from July 2020 to June 2021. Import of inputs by manufacturers cum exporters. Georgia's total trade with the world reached $166.11 billion, spanning 223 countries and territories. According to the official data from the General Administration of Customs of China, the total import and export between the two countries stood at 27.82 billion dollars. However, the positive development is Pakistan's total debt to GDP has decreased to 83.50% of GDP on 30th June 2021 from 87.6% on 30th June 2020. Pakistan Total Exports expanded 51.2 % YoY in Feb 2022, compared with an increase of 34.2 % YoY in the previous month. In 2018, China's exports made up about 10.78% of the global total. In addition, inflation eased, the fiscal deficit improved to 7.3 percent of GDP, and the current account deficit shrunk to 0.6 percent of GDP - the lowest in a decade. Pakistan - Arms exports in constant prices of 1990 1,000,000 (US dollars) in 2019 In 2019, arms exports for Pakistan was 1 million US dollars. Pakistan on Thursday again revised its economic growth rate for 2020-21, this time from 3.9 per cent to 5.37 per cent. 3. Official unemployment was 6% in 2017, but this fails to capture the true picture, because much of the economy is informal and underemployment remains high. EXPORTS: According to the provisional figures compiled by the Pakistan Bureau of Statistics, exports from Pakistan during July, 2021 amounted to Rs. 286,847 million during March, 2020 showing an increase of 12.14% over February, 2021 Burma. note: official export figures are grossly underestimated due to the value of timber, gems, narcotics, rice, and other products smuggled to Thailand, China, and Bangladesh. 2020). In the first five months of FY 2021-22, exports grew by 27 percent, hitting 12.365 billion in dollar value. For at a glance i.e. Exports from China grew 27.1 percent year-on-year to USD 300.22 billion in October 2021, after a 28.1 percent surge in September and compared with market expectations of 24.5 percent. Exports to US had gone up from $334 million in Dec 2019 to $425 million in Dec 2020, says PM's adviser Razak Dawood; This is the first time that exports have crossed $400 million mark for three . If the centre point (white circle) of the bubble falls in the blue region, it indicates that Singapore's imports from the trading partner exceeds Singapore's exports. $17.52 billion note: data are in current year dollars (2019 est.) Pakistan economy has received much-needed support and relief through a consistent upward remittances trend since June 2020. Pakistan quarterly trade data. latest available trade, tariff, trade barriers and other trade related data Click Here . Pakistan Total Exports Growth data is updated monthly, available from Dec 1988 to Feb 2022, with an averaged rate of 13.1 %. Temporary Import. EXPORTS: According to the provisional figures compiled by the Pakistan Bureau of Statistics, exports from Pakistan during March, 2021 amounted to Rs. Additionally, access to international markets has helped firms in South Asia to . S$ 99.9 Bil. Pakistan's GDP growth has gradually increased since 2012, and was 5.3% in 2017. Pakistan is ranked fourth in the world's largest textile producing countries and it contributes to about 60% of the country's exports (Memon et al. Pakistan Trade Statistics. Exports in FY 2020-21 amounted to a total of US$291.8 billion, declining 6.8 percent. This amount, which accounted for 55.9 percent of the total exports in January 2020, expanded by 15.8 percent, from the USD2.79 billion export receipt in January 2019. Check this exporters list from Pakistan and their exports worth in USD in FY 20201 in a downloadable format. 333,655 million during July, 2020 showing a decrease of 12.36% over June, 2021 but an Pakistan Total Exports data is updated monthly, available from Jan 1996 to Apr 2021, with an averaged value of 1.5 USD bn The data reached an all-time high of 2.6 USD bn in Sep 2013 and a record low of 547.2 USD mn in Jan 1999 1.The Pakistan Bureau of Statistics provides Total Exports, FOB, in USD. The economy of Pakistan is the 20th-largest worldwide in terms of GDP based on purchasing power parity (PPP). Pakistan exports for 2017 was $25.15B, a 1.32% decline from 2016. The value of exports of commodity group 52 "Cotton" from Pakistan totalled $ 2.64 billion in 2020. Human development continues to lag behind most of the region. 2. Export of Goods by Commodity and Services by Type in Pak. Textile exports were recorded at $11.625 billion in 2014-2015. Growth resumed in 2021. The value of merchandise exports from Pakistan totalled $ 22 billion in 2020. BUDGET DEFICIT Before coming to power, the Pakistan Tehreek-e-Insaf (PTI) had vowed to reduce the country's fiscal deficit as much as possible, but the statistics tell . Country / Region. The total outlay of budget 2020-21 is Rs 7,294.9 billion. United States Please check the Data Availability for coverage. Export potential of Pakistani mango pulp stands at $500m in world market. $15.73 billion note: data are in current year dollars (2018 est.) The uncertain global trade situation caused by the pandemic severely hit global merchandise trade in 2020, and India was not immune to the impact. It was 25% of GDP in 2013. Imports into export processing zones. Rupees. It is also called Corona budget as it was presented during the Corona Crisis. "Impressive figures of Pakistan's exports to China in 1st quarter of year 2021. The budget was presented in the Parliament by the Federal Minister Hammad Azhar. Consequently, markup payments claimed 38% of total federal expenditure. Pakistan earns US$ 1119mn from IT services' export 7 months. Export of Goods and Services by Country. The latest value from 2020 is 319.6 billion U.S. dollars. The Federal budget 2020-2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. Export of goods from Pakistan 2020 Published by Aaron O'Neill Aaron O'Neill Research expert covering historical data Get in touch with us now , Mar 2, 2022 The statistic shows the value of goods. that are easily read and understood. 329,033 million (provisional) in February, 2021 and Rs. In comparison, the first five months in 2020 could not even surpass $10 billion and were stuck at around $9.7 billion. This size is 11% lower than the size of budget estimates 2019-20. Pakistan: Gross Domestic Product, billions of 2010 U.S. dollars: For that indicator, we provide data for Pakistan from 1960 to 2020. During the last five reported years the exports of Afghanistan have changed by $862M from $903M in 2015 to $1.76B in 2020. in 2020. 333,655 million during July, 2020 showing a decrease of 12.36% over June, 2021 but an During the 2020-21 fiscal year, the sector grew 2.77 percent against the target of 2.8 percent. The computer services grew by 42.21 percent as it surged from US $625.105 million last year to US $888.980 million during July-January . Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood says Pakistan's trade with African countries has reached 4.18 billion dollars in 2019-20, which was increased by seven percent as compared to the previous year (2018-19). according to the provisional statistics released through the pakistan bureau of statistics (pbs), exports from pakistan during may, 2020 amounted to rs. 2019: As of the year 2019, the textile sector contributes 57% of the total exports, $13.53 billion out of $25 billion. In 2020, Afghanistan exported a total of $1.76B, making it the number 140 exporter in the world. The Federal budget 2020-2021 is the federal budget of Pakistan for the fiscal year beginning from 1 July 2020 and ending on 30 June 2021. These are the top names that produce and export items - like textiles and rice - Pakistan is known for, and bring critical foreign exchange Pakistan needs to meet its fuel and other import needs. `MOC [Ministry of Commerce] is glad to share that Pakistan`s exports to Afghanistan during Jul-Apr 2021 have grown by 15% to USD 869 million as compared to USD 754 million during Jul-Apr 2020. EXPORTS: According to the provisional figures compiled by the Pakistan Bureau of Statistics, exports from Pakistan during July, 2021 amounted to Rs. The government called the budget a Relief budget but major opposition parties PPP and PML-N . Sales of commodity group 52 from Pakistan decreased by 18.5% in value terms compared to 2019. exports of commodity group 52 "Cotton" decreased by $ 599 million (cumulative exports of commodity group 52 from Pakistan amounted $3.24 billion in 2019) In 2015-2016, this number had dropped 7.7% to $10.395 billion. Rupees. The most recent exports are led by Gold ($542M), Grapes ($181M), Other Nuts ($141M), Tropical Fruits ($135M), and Raw Cotton ($ The index measures the amount of human capital that a child born today can expect to attain by age 18, given the risks of poor health and poor . The export growth was fueled by the expansion in exports of value-added sectors. 1. Imports totaled $123.74 billion, an increase of 25 percent over the previous year. Pakistan. Trading Economics provides data for 20 million economic indicators from 196 countries including actual values, consensus figures, forecasts, historical time series and news. Pakistan's trade with Africa reaches $4.18bn in 2020: Razak Dawood. Thailand. An increase of 69%," Moin ul Haque, Pakistan's ambassador to . Among the computer services, the exports of software consultancy services witnessed increase of 14.75 per cent, from $327.726 million to $376.074 million while the export and import of computer software related services also rose by 7.77 per cent, from $265.354 million to $285.976 million. The Human Capital Index (HCI) database provides data at the country level for each of the components of the Human Capital Index as well as for the overall index, disaggregated by gender. 3. Pakistan imported an estimated US$45.8 billion worth of goods from around the globe in 2020, down by -2.6% since 2016 and down by -8.7% from 2019 to 2020. Pakistan had a total export of 23,748,680.25 in thousands of US$ and total imports of 50,063,059.56 in thousands of US$ leading to a negative trade balance of -26,314,379.31 in thousands of US$ The Effectively Applied Tariff Weighted Average (customs duty) for Pakistan is 8.69% and the Most Favored Nation (MFN) Weighted Average tariff is 9.82%.The trade growth is -3.20% compared to a world . 4. On Dec 28, 2020. 2. The description is composed by our digital data assistant. Pakistan exports for 2018 was $28.22B, a 12.22% increase from 2017. $888 million as compared to 2020' Q1 $526 million. Decreased by 6.36 % compared to 2020 & # x27 ; s market year 2019-20 - Singapore international trade /a... Haque, pakistan & # x27 ; s exports made up about 10.78 of! Anemic economic freedom has weakened further its pace in the Parliament by the Federal Minister Hammad Azhar, exports by. 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