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Vietnam, Pakistan, Indonesia, Bangladesh, and Turkey are projected to account for 47 percent of world cotton imports by 2030 while China’s cotton imports would drop to 24 percent, reveals the latest report Department of Agriculture’s Economic Research Service. The report points out that China after joining WTO in 2001, became the world’s leading importer of …

Pakistan among five countries replacing China as major imports of US cotton Read More »

Despite consuming more fabric than most of the developed countries Pakistan is not among the 10 largest exporters of textile and clothing. But it may soon replace Spain with exports of $20.2 billion if it manages to maintain the growth in apparel exports. Pakistan’s exports last fiscal were a shade less than $20 billion but …

Pakistan likely to replace Spain as the 10th largest textile exporter Read More »

ISLAMABAD: Garment sector has urged the government to continue with its various subsidies to support its plans to invest up to $7 billion for generating over 700,000 jobs and fetching $20 billion in exports, with a target to achieve $50 billion in exports by 2026. All Pakistan Textile Mills Association (APTMA) Patron-in-chief Dr Gohar Ejaz …

Garments exports likely to fetch $50bn if govt continues support Read More »

Readymade garments exports during the twelve months of fiscal year of 2021-22 grew up by 28.75 percent as compared to the exports of the commodity during the corresponding period of last year. During the period from July-June 2021-22, Tobacco worth US $3,904,658 were exported as compared to the exports of US $ 3,032,812 during the …

Readymade garments exports witness 28.75 pc increase Read More »

 The exports of textile commodities increased by 0.67pc during the first month of the current fiscal year as compared to the corresponding month of last year. The textile exports were recorded at $1,481.021m in July 2022 against the exports of $1,471.185m in July 2021, showing growth of 0.67pc, according to the latest data released by …

Textile exports up by 0.67pc in July Read More »