The Vietnam Trade Office in Pakistan has released the Pakistan Market Bulletin for December 2024, providing updated economic data and trade insights for businesses and readers interested in this market.
Overview of Pakistan’s Economy (November 2024)
Table of Contents
In November 2024, Pakistan’s economy showed a mixed performance across key sectors:
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Industrial production: down 3.81% year-on-year and 1.19% month-on-month
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Agricultural output: increased
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Exports and imports: both declined slightly
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Pakistani Rupee: appreciated marginally against major currencies
Key Economic Indicators
| Indicator | November 2024 | Change (MoM) | Change (YoY) |
|---|---|---|---|
| Industrial Production | ↓ 3.81% | ↓ 1.19% | Negative trend |
| Foreign Direct Investment (FDI) | USD 219 million | ↑ 64.66% | Growth |
| Foreign Reserves | USD 12.04 billion | ↑ 9.1% | Growth |
| Worker Remittances | USD 2.92 billion | ↓ 4.26% | Decline |
| Inflation Rate | 4.9% | ↓ 31.9% | Significant decrease |
Vietnam–Pakistan Bilateral Trade Performance
Vietnam’s Exports to Pakistan
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November 2024: USD 52.53 million, up 14% compared to October
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January–November 2024: USD 471.58 million, up 31.5% year-on-year
Vietnam’s Imports from Pakistan
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November 2024: USD 16.27 million, down 5.2% compared to October
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January–November 2024: USD 307.02 million, up 14.5% year-on-year
These figures reflect steady growth in bilateral trade, particularly on Vietnam’s export side, signaling strong demand for Vietnamese goods in the Pakistani market.
Summary and Outlook
Pakistan’s economy in late 2024 exhibited contrasting trends — declining industrial output yet rising agricultural production and foreign reserves.
Despite some macroeconomic challenges, FDI inflows increased, and Vietnam–Pakistan trade relations continued to strengthen, positioning Pakistan as a potentially resilient market for Vietnamese exporters.
For full details, refer to the attached report:
📄 “Pakistan Market Bulletin – December 2024”