Discover and read the best of Twitter Threads about #exports

Most recents (24)

Now we have dissaggregated @StateBank_Pak data on #Pakistan's #trade performance for the full of the FY22.

This thread will show performance in #values. not #volumes. Keep in mind FY22 was extraordinary in terms of high #prices, both for #imports and #exports. 👇👇👇🧵
1\ #Exports reached record highs, both #goods and #services, increasing by 26.6 and 17.1% respectively w.r.t. FY21. Good export prices and a decent #export response played a role here. Note: June 2022 is preliminary. Figures are Jul-Jun FY22 and
2\ #Pakistan #export growth was generalized by main destination. Particularly noticeable are increases in shipments to #USA and to #China - the two largest destinations.
Read 10 tweets
It’s Wednesday, which means it’s time to take stock of the week so far, draw on reserves, and soldier on (and uncover some facts while at it). Today, we dissect the RBI’s recent move to allow & encourage #foreigntrade payments to be made in INR. (1/8)
It’s a long-term plus for the Indian #economy and good news for the long-term investor. So, grab that coffee from the break room, and let’s delve into the long and short of it. (2/8)
The #RBI recently issued a circular that detailed an ‘additional arrangement’ for invoicing, payment, and settlement of #exports and #imports using the Indian #rupee as currency. (3/8)
Read 8 tweets
#Ukraine #Dairy #export during the #war 🧵1/ The war has made especially big impact on dairy exports. The developed logistics supply chains to traditional markets of the post-Soviet countries were broken. It is now impossible to load goods through our seaports.
#Ukraine 2/ Generally, importers are cautious about any procurement dealt with a country at #war. As a result, despite the promising world market conditions, domestic producers have had to drastically reduce dairy #exports, while often selling products well below world prices.
3/ #Ukraine #dairy producers are losing the markets of Central Asia and the Caucasus because of the #war. Extremely problematic are exports by sea to the countries of SE+N Asia and MENA, where previously large quantities of milk powder, whey, and in some yrs, butter were shipped.
Read 5 tweets
What factors to look for to understand which direction are #interestrates headed:

1. Total Credit in the system
2. Which gets divided into External and Internal
3. External focuses on #CAD
4. Internal: Private & Govt
5. Private - #CreditOfftake
6. Govt - #FiscalDeficit
3. External :
#CAD (Current Account Deficit - difference between country's #Imports & #Exports) goes up, #imports become expensive, rupee depreciates, bringing in imported #inflation

- interest rate tend to go up
4. Internal Credit
5. #PrivateSector - #Creditofftake goes up interest rates rise
6. Govt - #FiscalDeficit goes up interest rates rise
Read 4 tweets
A month ago I wrote this 🧵 on why #import duties were not the answer to #Pakistan's Balance of Payments constraints. #ImportBans are certainly not the answer either. Rather, they exacerbate the underlying problem. Five thoughts. 🧵👇

1\ The usual: CAD results from a macro imbalance (Saving too low relative to investment, so foreign saving needed (borrowing) (CAD is the mirror image of borrowing from the rest of the world (financial account of BOP)). Fixing the CAD takes increasing saving (cool off demand).
2\ The #importban in #Pakistan reduces #imports (does it? see point 3\ below), but not the CAD, because it also reduces #exports.…
Read 8 tweets
#MCProOpinion: Banks’ results for the March quarter have been excellent, but operating profit growth has hit a soft patch. What can boost their profits in FY23? 🤔

Find out ⏬…

by @aparnaviyer02 | #Economy #Bank
#MCProOpinion: The Rupee can weaken further in the near term, but there is something that can save the day over the medium term.

Read at:…

#Rupee #Inflation
#MCProOpinion: The impact on the global economy due to China’s zero-COVID policy is just a preview of the disruptions ahead. And that will happen once the economic slowdown in China starts to bite.

Read at:…

by @SaibalDasgupta | #China #Economy #Lockdown
Read 5 tweets
Citing the previous tweet
and adding more information hoping to help get a clear panoramic on increasing #foodprices and the increasingly looming narrative of #recession 👇
A massive backlog of #grains is piling up in #Ukraine to the tune of nearly 25 million tons due to "#infrastructure challenges" and blocked #ports in the #BlackSea, including #Mariupol - @Reuters reports 📰…
#Ukraine was the fourth-largest corn exporter in the 2020/21 season and the sixth-largest #wheat exporter in the world, according to the #IGC (International #Grains Council).…
Read 18 tweets
Thank you for the feedback, dear Yousuf. If you read the article carefully, you will see this is specific & data driven. A short thread to explain. 👇👇👇
Figure 2 in the article is built from a careful analysis combining micro-level *data* from all listed firms in Pakistan, & effective rates of protection (calculated based on FBR data on import duties and the latest input output *data* from IFPRI. It conveys the key message. 👇
Figure 3 comes from a careful econometric analysis we did w/@StefaniaLovo in which we recover markups from the data, and estimated systematic effects of changes in #import duties on these markups. It conveys the key message. 👇
Read 6 tweets
Fast #import growth has overshadowed some very good news in #Pakistan. The latest release of disaggregated #trade data by @StateBank_Pak reveals that the first nine months of FY22 showed #record high #exports in real terms, since there's statistics.
Short 🧵👇 w/ more results.
1\ #exports grew by 24.8% in the first 9 months of FY22 w.r.t. same period of FY21, reaching 23.7 bn for goods and 5.2 bn for services.

#Pakistan #trade
2\ All top destinations show fast #export growth. Shipments to the #USA and to #China in particular.
Read 9 tweets
Higher #import duties to tackle the #BOP problem is the wrong advice. It won't deliver on the intended objective. Why? 🧵👇…
1\ The #CAD is the result of a Saving/Investment imbalance. The sustainable solution to the #CAD entails policies that increase #saving.
2\ #Import duties might be a patch that in the short run curbs imports, but they will curb #exports too. Why? B/C they increase the profitability to sell at home, so firms shift from export to domestic markets. Import duties are implicit #export taxes. They won't reduce the CAD. Image
Read 9 tweets
#Germany - a) in terms of the #security aspect, this is a result of Western #hegemony managed by the US, in case b) of #energy supply, this is a question of geopolitical point of view, how to consider it: if you see 30 years provocations as a necessary part of it, ....
... and you provoke the split between #CentralEurope and #Russia (#USA/#NATO), whatever the cost, you are right, but with what we are currently experiencing as a result (#Ukraine), and if you are c) fixated on #exports and #neoliberalism ... (2/4)
... and do not intend to pay decent wages, you are destroying your internal (also the #EU's) purchasing power and giving #China the opportunity to put pressure on you, all the more so, (3/4)
Read 4 tweets
#EIA #oil data: #crude -1.9 mln bbls; at 411.6 mln; -13% v 5-yr avg for period
#gasoline -1.4 mln bbls; +1% v 5-yr avg
#distillate -5.2 mln bbls; -18% v 5-yr avg
#propane -1.6 bbls; -21% v 5-yr avg
Total commercial stocks -8.1 mln bbls
#OOTT #OPEC #diesel #shipping #energy
#EIA #oil #data: U.S. #crude oil #refinery inputs averaged 15.4 mln bpd week to March 4, 2022, -21,000 bpd vs previous week; #refineries operated at 89.3% capacity; #gasoline output rose to 9.6 mln bpd, #distillate output fell to 4.6 mln bpd.
#OOTT #diesel #energy #refining
#EIA: #oil data: U.S. crude oil imports averaged 6.3 mln bpd last week, +0.6 million bpd vs previous week; last 4 weeks #crude oil imports averaged 6.2 mln bpd, +10.1% vs year-ago period
#OOTT #OPEC #diesel #shipping #inventory #energy #data #exports #crudeoil #tankers #imports
Read 4 tweets

Finance Minister @nsitharaman is presenting the Union Budget 2022-23 in Parliament

#AatmanirbharBharatKaBudget #Budget2022

Watch here📺…
Union Finance Minister @nsitharaman rises to present #Budget2022 in Parliament

Watch 📡LIVE📡:

Stay tuned for updates

FM @nsitharaman begins presentation of #Budget2022 by expressing empathy with those who had to bear adverse health and economic affects of #COVID19 #Pandemic

Overall sharp rebound and recovery of the economy is reflective of 🇮🇳India's strong resilience

Read 82 tweets
With @StateBank_Pak releasing dissaggregated #trade data for December, we have a picture of the full 2021, which, despite #supply #chain disruptions worldwide, was 'good' for #Pakistan. Short thread below:
1\ #exports grew by 30.1% in 2021 w.r.t. 2020, with a strong pick up in merchandise, but also substantive in services.

#trade #Pakistan
2\ To be sure, in #real terms, #Pakistan's #exports remain below its local max in 2011. So, no 'record exports' if we talk real terms and not values.
Read 9 tweets
Thread on Natural Capsules Ltd 🧵

1. CMP 335.65 (as on 03-01-2022)
Listed only on BSE (Code :- 524654)
Micro Cap Company (Mkt Cap 314 crores)
What does the company do ???
Natural Capsules Ltd incorporated in 1993 at Bangalore manufactures Hard Gelatin Capsule shells, Hard Cellulose Capsule shells and Pharmaceutical Dosage Forms in Capsule Dosage Form.
-Two Manufacturing units one in Bangalore and other in Pondicherry
- Was the First Company to manufacture Vegetarian Capsules in India.
(3/14) #Stocks
Read 15 tweets
Early indications are that the growth in imports has started to decrease. 🇵🇰 imports during Dec 2021 decreased 🔽 to USD 6.9 billion as compared to USD 7.9 billion in Nov 2021. This is a decrease of USD 1 billion. The import projection for Dec 2021 was USD 6.2 billion. 1/4
Turning to exports, MOC would like to share that during Dec 2021, 🇵🇰 Pakistan’s exports increased by, 🔼 16.7% to USD 2.761 billion as compared to USD 2.366 in Dec 2020. The Export Target for the month was USD 2.8 billion. 2/4
During the first half of the current FY (Jul-Dec 2021), exports increased by 25% to USD 15.125 billion as compared to USD 12.110 billion during Jul-Dec 2020. The Export Target for first half of this FY was USD 15 billion. 3/4
Read 4 tweets
We are pleased to share that MOC made a presentation on Promotion of Export Culture to the PM, with the objective to imbibe a supportive 🇵🇰 national culture on exports at all levels of public and private sector.
This government has the Strategy which has defined the direction 1/3
and focus for our exports. For sustainable growth 📊 in the exports, this Strategy has to be synced with a Culture that supports exports. Hence, there is an urgent need for export culture to be promoted as a National effort.Exports are vital to our economic 2/3
security and independence. Although our exports have started to 🔼grow after stagnating for a decade, we still have a long way to go 🔜. By turning the promotion of Export Culture into a National movement, 🇵🇰 Pakistan can achieve a quantum leap in exports. 3/3
Read 4 tweets
1/7 Thread on Rising #Impact of NATO-#DeepState
#Warmongering on the #European Gas #Imports
from #Russia.

The #Yamal Natural #Gas #Pipeline:

Cost: $36 Billion
Diameter of 14,20cm
Capacity 33 billion m³ a year.
Squeezed by warmongering:

2/7 Dec. 14, 2021 - #Yamal-#Europe #Gas
flows #Stable: Press.

#Belarus leader Alexander #Lukashenko has made repeated #Threats to halt operations on a #Pipeline that sends #Russian natural #Gas to #Europe:…
3/7 Dec. 15, 2021 - #Russian #Gas #Exports
to #Europe via #Yamal #Pipeline #Rises,
despite warning by Alexander #Lukashenko
from #Minsk, #Belarus:

"To suspend the #Transit of natural gas in response to Western #Sanctions, boosting spot #Gas #Prices."

Read 8 tweets
Thread of 8 Charts on the oil politics between the Biden Administration and OPEC! Looks like a story!
#Oil #OPEC #Biden #OOTT #COP26
1-8 I am using IEA demand numbers so no one can say OPEC numbers are self-serving.
Notice that the demand gap shown in the IEA chart above is bigger than the OPEC production gap!
#OPEC #Oil
Saudi crude oil production is almost back to normal and will exceed 2019 levels soon.
Read 8 tweets
#China Jan -Sept. imports rise 22.6% y/y and Jan.-Sept. exports +22.7% y/y in yuan terms.
#trade #import #export #economy 🇨🇳
China's General Customs' Jan-Sept Import Data: (YoY)
#crude oil imports fall 6.8% y/y to 387 mln tonnes;
#natgas imports rise 22. 2% y/y to 89.85 mln tonnes;
#ironore imports fall 3% y/y to 842 mln tonnes;
#copper imports 4.02 mln tonnes, down 19.5% y/y.
#OOTT #trade #import🇨🇳 🇺🇸
In the first three quarters of this year, #China's #exports reached 15.55 trillion yuan, up 22.7% y/y and #imports reached 12.78 trillion yuan, up 22.6% y/y.

Foreign trade imports and exports have achieved positive year-on-year growth for five consecutive quarters.
Read 4 tweets
How is China’s recent export performance? #PMI for new export orders has been declining since May, but total #exports have maintained a fast growth, especially in the last two months, setting new record highs for the same period. Such divergence could be confusing. 1/5
In a recent article, CF40 research associate and deputy director of the Research Department ZHU He says China’s surprisingly strong #exports after July come more from increased cost than demand. 2/5…
ZHU He analyses the #export growth rate of 6512 categories of products over the past six months by splitting the two dimensions of volume and price. The result shows that 15 percentage points of the 25% export growth rate in August actually came from product #price hikes. 3/5
Read 5 tweets
آئیں آپ کو بتاتے ہیں کہ عمران خان کی 3 سالہ حکومت نے آپ کیلیے کیا کیا ہے؟

2018 سے پہلے کا پاکستان بمقابلہ 2021 کا پاکستان

2018 سے پہلے تک 20.5 ارب ڈالر رہ جانے والی #برآمدات 2021 میں 25.3 ارب ڈالر تک آ چکی ہیں جس میں مسلسل اضافہ جاری ہے


نوازشریف اور آصف زرداری کے دس سالہ دورِ اقتدار میں ٹیکسٹائل کی برآمدات کبھی 14 ارب ڈالر تک بھی نہیں پہنچی تھیں لیکن آج 2021 میں ٹیکسٹائل کی وہی برآمدات 15.4 ارب ڈالر تک پہنچ چکی ہیں اور اس میں الحمد للہ روز بروز اضافہ ہو رہا ہے


انفرمیشن ٹیکنالوجی کے میدان میں 2018 تک ہماری برآمدات صرف 1.06 ارب ڈالر تھیں جو آج 2021 میں الحمد للہ 2.12 ارب ڈالر تک پہنچ چکی ہیں اور ان میں بھی مسلسل اضافے کا رحجان ہے

Read 17 tweets
"I don't think there is a single top industrialist who has not contributed significantly in this battle against #COVID19": Prime Minister @narendramodi Image
"Today's meeting also comes at another significant milestone for the nation - the beginning of the 75th year of Independence. We all are celebrating 'Azadi ka Amrit Mahotsav'": Prime Minister @narendramodi Image
Prime Minister @narendramodi on foreign direct investment in the country. Image
Read 6 tweets
PM @narendramodi to interact with Heads of Indian Missions abroad and stakeholders of trade and commerce

Live from ⏰6 PM


📡Live Now 📡

PM @narendramodi interacts with Heads of Indian Missions abroad and stakeholders of trade and commerce

Today the world is getting smaller and smaller every day with the growing physical, technological and financial connectivity.

New possibilities are being created around the world for the expansion of our exports

- PM @narendramodi
Read 9 tweets

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