External Market Conditions, Competitiveness, Diversification, and Pakistan’s Export Performance

Mohammad Akbar, Zareen F. Naqvi

Abstract


Pakistan’s exports evolve broadly in line with total world
imports. Accordingly, Pakistan’s share in world imports was remarkably
stable during the last 20 years, ranging between a minimum of 0.12
percent in 1980 and a maximum of 0.18 percent in 1992. In 1999-2000, the
share was 0.15 percent. This would suggest that Pakistan’s export
performance was not worse than that of the world on average. Compared to
regional competitors, however, the performance was unimpressive,
especially when compared to China and Thailand throughout the 1980s and
1990s or compared to Bangladesh, India, and Sri Lanka during the 1990s.
All these countries succeeded in achieving sustainable market share
increases in total world imports (Figure 1). In light of the growing
awareness about the importance of exports in the overall economy of
Pakistan and in view of the unimpressive export performance of Pakistan
vis-à-vis other countries in the region it would be interesting to study
the export performance of Pakistan and analyse the possible reasons for
this poor performance and see whether it is due to demand deficiency or
is it something to do with the supply side of the issue.

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DOI: https://doi.org/10.30541/v40i4IIpp.871-884

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