Import of Goods & Services June, 2010 VI

S U M M A R Y

Table 1(a) : Monthly Import of Goods & Services (Million US$)

ItemsJune

2010 2009I. Import Payments (Banks) 3,079 2,611II. Freight & Insurance 246 209III. Other Import unaccounted by Banks 163 373 Unclassified Imports 38 37 Imports NRI, Sale of Duty Free Shops 7 3 Imports under Foreign Economic Assistance 117 323 Land borne Imports with Afghanistan 7 6 PIA & PNSC 2 2 Capital Equipment 0 0 Cost of Imports (Ex. Cos.) 0 0 Refund & Rebate -8 -6 Import from EPZ 0 9(A) Import General Merchandise (I-II+III) 2,996 2,775(B) Other Import under BPM5* 27 18(C) Import of Goods (A+B) 3,023 2,793(D) Import of Services 613 620(E) Import of Goods & Services (C+D) 3,636 3,413

* See “Introduction” for details:

Table 1(b) : Key Indicators of Import of Goods and Services (Million US$)

June 2010 3,636May 2010 3,225% Change during June 2010 over May 2010 12.8June 2009 3,413% Change during June 2010 over June 2009 6.5FY10 37,817FY09 39,235% Change during FY10 over FY09 -3.6Monthly average during FY10 3,151Monthly average during FY09 3,270

FY05 FY06 FY07 FY08 FY09 FY10

Goods* 18,996 24,994 26,989 35,397 31,747 31,013

Services 6,612 8,199 8,310 10,046 7,487 6,805

0

5,000

10,000

15,000

20,000

25,000

30,000

35,000

40,000

Mil

lion

US

$

Figure 1. Import During Jul-Jun

Goods* Services

*The data is import of goods based on Balance of Payments Manual 5 (BPM 5).

State Bank of PakistanVII

Table 2: Import Payments by Major Groups of Goods & Services (Amount in Million)

Goods/ ServicesJune July-June %

Change2010 2010 2009 2009-10 2008-09Pak Rs. US $

Goods I. Total Import Payments (Banks) 262,616 3,079 2,611 31,188 31,213 -0.1

Mineral Fuels, Oils and Their Distillation Product 100,075 1,173 859 10,998 10,763 2.2Nuclear Reactors, Boilers, Machinery and Appliance 20,153 236 201 2,140 2,620 -18.3Electrical Machinery & Equipment and Parts thereof 13,533 159 170 1,735 2,044 -15.1Organic Chemicals 11,380 133 141 1,603 1,557 3.0Iron and Steel 9,022 106 111 1,378 1,428 -3.5Animal or Vegetable Fats, Oils & Cleavage Products 10,239 120 98 1,336 1,477 -9.6Plastics and Articles thereof 8,495 100 79 1,127 1,091 3.3Special Classification Provisions 8,423 99 214 948 924 2.6Vehicles other than Railway /Tramway Rolling Stock 9,667 113 48 944 751 25.6Fertilizers 6,238 73 32 868 451 92.7Cotton 5,490 64 78 622 646 -3.7Oil Seeds and Oleaginous Fruit 4,355 51 33 543 368 47.5Miscellaneous Chemical Products 3,634 43 42 505 404 25.0Man-Made Staple Fibers 4,231 50 30 392 316 24.2Ships, Boats and Floating Structures 1,330 16 33 388 230 68.4Optical, Photographic, Measuring and Medical Inst. 2,050 24 38 362 407 -11.0Man-Made Filaments 3,191 37 20 351 266 32.2Organic or Inorganic Compounds of Precious Metals 2,621 31 34 341 569 -40.2All Others 38,490 451 349 4,607 4,901 -6.0

II. Freight & Insurance 21,009 246 209 2,495 2,497 -0.1III. Other Import Unaccounted by Banks 13,887 163 373 2,070 2,694 -23.2(A) Import General Merchandise (I-II+III) 255,493 2,996 2,775 30,763 31,410 -2.1(B) Other Import under BPM5* 2,328 27 18 250 337 -26.0(C) Import of Goods (A+B) 257,822 3,023 2,793 31,013 31,747 -2.3

ServicesTransportation 29,109 342 309 3,456 3,633 -4.9Travel 5,197 61 44 879 1,002 -12.3Communication Services 1,695 20 18 159 144 10.2Construction Services 56 1 8 29 70 -59.1

Insurance Services 840 10 8 146 133 9.8

Financial Services 776 9 8 95 166 -43.0

Computer & Information Services 1,726 20 13 168 122 37.8

Royalties & License fees 700 8 6 111 93 19.2

Other Business Services 8,512 100 95 1,082 1,648 -34.3

Personal, cultural & recreational Services 10 0 2 19 3 --

Government Services 3,557 42 109 662 473 40.0(D) Total Import of Services 52,177 613 620 6,805 7,487 -9.1

Total Import of Goods & Services (C+D) 309,998 3,636 3,413 37,817 39,235 -3.6

Import of Goods & Services June, 2010 VIII

35.3

6.9

5.6

5.1

4.4

4.3

3.6

3.0

3.0

2.8

2.0

34.5

8.4

6.5

5.0

4.6

4.7

3.5

3.0

2.4

1.4

2.1

Mineral Fuels, Oils

Machinery Appliance

Electrica l Machinery & Equipment

Organic Chemicals

Iron and Steel

Animal/ Vegetable Fats, Oils Products

Plastics and Articles thereof

Special Classification

Vehicles other than Railway /Tramway

Fertilizers

Cotton

Share (%)

Com

mod

ity

Gro

up

s

Figure 2: Percent Share of Major Commodity Groups in Import Payments (Banks)

Jul-Jun FY09 Jul-Jun FY10

-80.0

-60.0

-40.0

-20.0

0.0

20.0

40.0

60.0

0

400

800

1,200

1,600

2,000

2,400

2,800

3,200

3,600

4,000

Transportatio

n

Travel

Com

municati

on

Construction

Insurance

Financial Service

Com

puter &

Information

Royalties &

L

icense Fees

Other

Business …

Governm

ent Services

% G

row

th

Mill

ion

US

$

Figure 3: Import of Services

Jul-Jun FY10 Jul-Jun FY09 Growth

Note: - The share is based on the share of commodities in Import Payments through Banks

State Bank of PakistanIX

Table 3: Import of Goods & Services by Major Countries (Amount in Million)

CountryJune July-June %

Change2010 2010 2009 2009-10 2008-09Pak Rs. US $

GoodsI. Total Import Payments (Banks) 262,616 3,079 2,611 31,188 31,213 -0.1

U. A. E. 39,904 468 343 4,782 4,400 8.7Saudi Arabia 31,187 366 298 3,645 3,545 2.8China 31,949 375 268 3,284 2,708 21.2Singapore 17,400 204 175 2,124 1,571 35.2Kuwait 20,320 238 145 2,111 2,244 -5.9Malaysia 10,157 119 95 1,271 1,295 -1.8Japan 10,604 124 74 1,139 1,069 6.5Germany 7,052 83 58 1,075 1,072 0.3India 8,113 95 77 1,061 1,033 2.8Iran 6,246 73 81 1,017 507 100.6Switzerland 7,217 85 79 966 1,005 -3.9U. S. A. 6,441 76 170 934 1,160 -19.5U. K. 4,027 47 64 706 801 -11.9South Korea 4,851 57 39 537 634 -15.3Thailand 5,901 69 28 399 409 -2.4All Others 51,249 601 618 6,138 7,760 -20.9

II. Freight & Insurance 21,009 246 209 2,495 2,497 -0.1III. Other Import Unaccounted by Banks 13,887 163 373 2,070 2,694 -23.2(A) Import General Merchandise (I-II+III) 255,493 2,996 2,775 30,763 31,410 -2.1(B) Other Import under BPM5* 2,328 27 18 250 337 -26.0(C) Import of Goods (A+B) 257,822 3,023 2,793 31,013 31,747 -2.3

ServicesU. S. A. 6,390 75 117 885 919 -3.7U. A. E. 6,018 71 58 744 658 13.1Saudi Arabia 4,329 51 42 498 407 22.2China 3,967 47 47 453 608 -25.5U. K. 2,946 35 34 443 605 -26.8Singapore 2,167 25 21 279 236 18.2Germany 1,136 13 16 190 183 4.0Kuwait 1,709 20 13 185 196 -5.6Japan 1,084 13 10 149 158 -5.4Malaysia 944 11 10 131 126 4.2Switzerland 1,013 12 9 113 111 1.6France 774 9 6 98 142 -30.8Thailand 989 12 7 95 88 7.8India 686 8 6 90 87 3.5Iran 504 6 7 83 42 100.2All Others 17,521 206 215 2,367 2,921 -19.0

(D) Total Import of Services 52,177 613 620 6,805 7,487 -9.1

Total Import of Goods & Services (C+D) 309,998 3,636 3,413 37,817 39,235 -3.6

Import of Goods & Services June, 2010 X

U. A. E.15.3%

Saudi Arabia11.7%

China10.5%

Singapore6.8%

Kuwait6.8%

Malaysia4.1%

Japan3.7%

Germany3.4%

India3.4%

Iran3.3%

All Others31.0%

Figure 4: % Share of Major Countries in Import Payments (Banks) During Jul-Jun FY10

U. S. A.13.0%

Singapore4.1%

U. A. E. 10.9%

Malaysia1.9%

Saudi Arabia7.3%

Kuwait2.7%

China6.7%Germany

2.8%U. K.6.5%

Japan2.2%

All Others41.8%

Figure 5: % Share of Major Countries in Import of Services During Jul-Jun FY10

Note: % Share is based on Import Payments through Banks

State Bank of PakistanXI

FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

Goods* 10,202 9,434 11,333 13,604 18,996 24,994 26,989 35,397 31,747 31,013

Services 2,333 2,194 2,714 3,961 6,612 8,199 8,310 10,046 7,487 6,805

500

2,500

4,500

6,500

8,500

10,500

12,500

7,000

10,000

13,000

16,000

19,000

22,000

25,000

28,000

31,000

34,000

37,000

40,000

Goo

ds*

Figure 6: Annual Import of Goods & Services from FY01 to FY10

Goods* Services

Serv

ices

Mill

ion

US$

Mill

ion

US$

Jul09 Aug09 Sep09 Oct09 Nov09 Dec09 Jan10 Feb10 Mar10 Apr10 May10 Jun10

Goods* 2,811 2,171 2,447 2,748 2,191 2,717 2,526 2,333 2,508 2,892 2,646 3,023

Services 566 477 513 681 553 618 491 525 587 602 579 613

0

100

200

300

400

500

600

700

800

1,600

1,800

2,000

2,200

2,400

2,600

2,800

3,000

3,200

Ser

vice

sM

illio

n U

S $

Goo

ds

Mill

ion

US

$

Figure 7: Monthly Imports of Goods & Services

Goods* Services

* The data before FY05 is import general merchandise based on Balance of Payments Manual 4 (BPM 4) and onward on Balance of Payments Manual 5 (BPM 5).

Import of Goods & Services June, 2010 XII

Table 4: Annual, Quarterly & Monthly Import of Goods* (Million US$)

Period FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

Annual 10,202 9,434 11,333 13,604 18,996 24,994 26,989 35,397 31,747 31,013

Growth (%) 6.2 -7.5 20.1 20.0 39.6 31.6 8.0 31.2 -10.3 -2.3

Quarter-wise

Quarter-I 2,703 2,412 2,769 3,014 4,175 5,925 6,933 6,940 10,230 7,429(26.5) (25.6) (24.4) (22.2) (22.0) (23.7) (25.7) (19.6) (32.2) (24.0)

Quarter-II 2,386 2,216 2,853 3,204 5,047 6,074 6,768 8,548 8,077 7,655(23.4) (23.5) (25.2) (23.6) (26.6) (24.3) (25.1) (24.1) (25.4) (24.7)

Quarter-III 2,670 2,233 2,744 3,602 4,801 6,261 6,454 9,765 6,275 7,367 (26.2) (23.7) (24.2) (26.5) (25.3) (25.1) (23.9) (27.6) (19.8) (23.8)

Quarter-IV 2,443 2,573 2,967 3,784 4,973 6,734 6,834 10,144 7,165 8,561 (23.9) (27.3) (26.2) (27.8) (26.2) (26.9) (25.3) (28.7) (22.6) (27.6)

July 867 778 943 1,020 1,440 1,772 2,418 2,411 3,373 2,811(8.5) (8.2) (8.3) (7.5) (7.6) (7.1) (9.0) (6.8) (10.6) (9.1)

August 918 850 974 930 1,311 2,087 2,308 2,259 3,162 2,171(9.0) (9.0) (8.6) (6.8) (6.9) (8.4) (8.6) (6.4) (10.0) (7.0)

September 918 784 852 1,064 1,424 2,066 2,207 2,269 3,694 2,447(9.0) (8.3) (7.5) (7.8) (7.5) (8.3) (8.2) (6.4) (11.6) (7.9)

October 816 757 899 1,057 1,616 2,055 2,205 2,604 3,243 2,748(8.0) (8.0) (7.9) (7.8) (8.5) (8.2) (8.2) (7.4) (10.2) (8.9)

November 901 735 920 876 1,745 2,059 2,161 2,963 2,233 2,191(8.8) (7.8) (8.1) (6.4) (9.2) (8.2) (8.0) (8.4) (7.0) (7.1)

December 669 724 1,034 1,271 1,686 1,960 2,402 2,980 2,601 2,717(6.6) (7.7) (9.1) (9.3) (8.9) (7.8) (8.9) (8.4) (8.2) (8.8)

January 1,015 796 924 1,168 1,427 2,070 2,105 3,329 2,140 2,526(9.9) (8.4) (8.2) (8.6) (7.5) (8.3) (7.8) (9.4) (6.7) (8.1)

February 770 721 827 1,212 1,591 1,886 2,226 2,913 1,884 2,333(7.5) (7.6) (7.3) (8.9) (8.4) (7.5) (8.2) (8.2) (5.9) (7.5)

March 885 716 993 1,222 1,783 2,305 2,123 3,523 2,251 2,508(8.7) (7.6) (8.8) (9.0) (9.4) (9.2) (7.9) (10.0) (7.1) (8.1)

April 773 786 979 1,230 1,508 1,682 2,185 3,391 2,370 2,892(7.6) (8.3) (8.6) (9.0) (7.9) (6.7) (8.1) (9.6) (7.5) (9.3)

May 804 834 959 1,166 1,741 2,361 2,214 3,246 2,002 2,646(7.9) (8.8) (8.5) (8.6) (9.2) (9.4) (8.2) (9.2) (6.3) (8.5)

June 866 953 1,029 1,388 1,724 2,691 2,435 3,507 2,793 3,023(8.5) (10.1) (9.1) (10.2) (9.1) (10.8) (9.0) (9.9) (8.8) (9.7)

Notes: 1. Figures in parentheses are percentage to annual import payments of the respective years 2. Due to rounding off separate items, totals may show minor differences * The data before FY05 is import general merchandise based on Balance of Payments Manual 4 (BPM 4) and onward on Balance of Payments Manual 5 (BPM 5).

State Bank of PakistanXIII

Table 5: Annual, Quarterly & Monthly Import of Services (Million US$)

Period FY01 FY02 FY03 FY04 FY05 FY06 FY07 FY08 FY09 FY10

Annual 2,333 2,194 2,714 3,961 6,612 8,199 8,310 10,046 7,487 6,805

Growth (%) 8.0 -6.0 23.7 45.9 66.9 24.0 1.4 20.9 -25.5 -9.1

Quarter-wise

Quarter-I 577 586 579 799 1,449 1,953 2,039 2,194 2,392 1,556(24.7) (26.7) (21.3) (20.2) (21.9) (23.8) (24.5) (21.8) (31.9) (22.9)

Quarter-II 564 531 586 945 1,669 2,061 2,193 2,548 2,021 1,852(24.2) (24.2) (21.6) (23.9) (25.2) (25.1) (26.4) (25.4) (27.0) (27.2)

Quarter-III 634 552 649 1,097 1,764 2,061 2,014 2,569 1,389 1,603 (27.2) (25.2) (23.9) (27.7) (26.7) (25.1) (24.2) (25.6) (18.6) (23.6)

Quarter-IV 558 525 900 1,120 1,730 2,124 2,064 2,735 1,685 1,794 (23.9) (23.9) (33.2) (28.3) (26.2) (25.9) (24.8) (27.2) (22.5) (26.4)

Month-wise

July 182 178 181 305 432 573 735 755 743 566(7.8) (8.1) (6.7) (7.7) (6.5) (7.0) (8.8) (7.5) (9.9) (8.3)

August 183 189 184 207 473 735 619 757 816 477(7.8) (8.6) (6.8) (5.2) (7.2) (9.0) (7.4) (7.5) (10.9) (7.0)

September 212 219 214 287 544 645 685 682 833 513(9.1) (10.0) (7.9) (7.2) (8.2) (7.9) (8.2) (6.8) (11.1) (7.5)

October 195 190 189 327 525 626 645 782 839 681(8.4) (8.7) (7.0) (8.3) (7.9) (7.6) (7.8) (7.8) (11.2) (10.0)

November 204 180 195 238 489 674 782 963 577 553(8.7) (8.2) (7.2) (6.0) (7.4) (8.2) (9.4) (9.6) (7.7) (8.1)

December 165 161 202 380 655 761 766 803 605 618(7.1) (7.3) (7.4) (9.6) (9.9) (9.3) (9.2) (8.0) (8.1) (9.1)

January 230 159 248 378 539 672 683 894 448 491(9.9) (7.2) (9.1) (9.5) (8.2) (8.2) (8.2) (8.9) (6.0) (7.2)

February 218 166 185 339 561 622 633 751 458 525(9.3) (7.6) (6.8) (8.6) (8.5) (7.6) (7.6) (7.5) (6.1) (7.7)

March 186 227 216 380 664 767 698 924 483 587(8.0) (10.3) (8.0) (9.6) (10.0) (9.4) (8.4) (9.2) (6.5) (8.6)

April 190 166 331 379 610 617 680 999 542 602(8.1) (7.6) (12.2) (9.6) (9.2) (7.5) (8.2) (9.9) (7.2) (8.8)

May 195 147 276 355 582 744 657 797 523 579(8.4) (6.7) (10.2) (9.0) (8.8) (9.1) (7.9) (7.9) (7.0) (8.5)

June 173 212 293 386 538 763 727 939 620 613(7.4) (9.7) (10.8) (9.7) (8.1) (9.3) (8.7) (9.3) (8.3) (9.0)

Notes: 1. Figures in parentheses are percentage to annual import payments of the respective years 2. Due to rounding off separate items, totals may show minor differences