Trade deficit hits all-time high in November

[Faraqlit]

For the Patwari Zombies

• Pakistan trade balance for 2020 was $-18.60B, a 34.45% decline from 2019.
• Pakistan trade balance for 2019 was $-28.38B, a 18.72% decline from 2018.
• Pakistan trade balance for 2018 was $-34.92B, a 22.76% increase from 2017.
• Pakistan trade balance for 2017 was $-28.44B, a 45.5% increase from 2016.

Pakistan	$-18.60B
Bangladesh	$-20.76B
Egypt	$-27.56B
Philippines	$-28.19B

Pakistan Trade Balance 1960-2025 | MacroTrends

External balance on goods and services (formerly resource balance) equals exports of goods and services minus imports of goods and services (previously nonfactor services). Data are in current U.S. dollars.

www.macrotrends.net

Source

 

[Khalid Waheed]

During November alone, energy imports stands at $2.4bn (+166%), Raw material $2.2bn (+ 66%), capital goods & machinery $1.14bn (+72%), Food $911mn (+22%), vaccines $621mn (+2500%)

● Raw material
● Capital goods & machineries
Increase in these two segments are base of more productivity, will result in more exports or more in local economy.

Well increase in energy imports itself is an indicator of good economical recovery

 

[Faraqlit]

Pakistan Imports - Historical Data
Year	Billions of US $	% of GDP
2020	$43.86B	16.63%
2019	$56.53B	20.32%
2018	$63.14B	20.07%
2017	$53.59B	17.60%
2016	$45.03B	16.16%
2015	$46.13B	17.05%

 

[Faraqlit]

• Pakistan imports for 2020 was $43.86B, a 22.42% decline from 2019.
• Pakistan imports for 2019 was $56.53B, a 10.46% decline from 2018.
• Pakistan imports for 2018 was $63.14B, a 17.82% increase from 2017.
• Pakistan imports for 2017 was $53.59B, a 19% increase from 2016.

 

[zaheer2003]

Earlier thread deleted due to formatting issues...
Pakistan is heading towards 2018 CAD crisis again.
https://twitter.com/x/status/1466238620805828608 View attachment 3914
View attachment 3915

Trade deficit hits all-time high in November

Finance ministry believes increase in remittances, growth in export proceeds and RDAs will help reduce pressure.

www.dawn.com

Desprado BND Pakistan Resilient miafridi AZ1 Sohail Shuja Rajarawal111 Siberite Awan S Tit4Tat Shazi ji

https://twitter.com/x/status/1466403764118736906

 

[Sohail Shuja]

Earlier thread deleted due to formatting issues...
Pakistan is heading towards 2018 CAD crisis again.
https://twitter.com/x/status/1466238620805828608 View attachment 3914

So far so good for the "Value of trade", now can we also have the "Volume of trade" as well to compare with?

 

[Sohail Shuja]

Thanks for the reply.

But slowing down consumption slows down the economic activity. So, fewer jobs, less business, harder to collect taxes when less economic activity. Less gov income means more fiscal deficit and harder to pay loans and interest. Right?

I am interested to know how can we restrict energy import bill? Because that one is hitting CAD the hardest.

I don't think so. Believe its temporary due to post-COVID global crisis.
Pakistan will come over it.

https://twitter.com/x/status/1466403764118736906

Crashing of PSX is not a good sign. Means your FDI is draining and the investor is sensing something really bad with the market. Need to look at it seriously.

 

[Munawarkhan]

Crashing of PSX is not a good sign. Means your FDI is draining and the investor is sensing something really bad with the market. Need to look at it seriously.

Again, not an indicator of what you are taking about