Search

China's imports from Pakistan reached a record-breaking $695.6 million in 2023, representing a significant increase of 46.7%. This surge in imports reflects the challenges faced by Pakistan's textile industry, including high energy prices and supply disruptions that have led to the closure of numerous factories. The competitive pricing of foreign cotton yarns, particularly from Pakistan, India, and Uzbekistan, has contributed to China's import growth. In December alone, Pakistan's exports to China experienced a remarkable surge of 351.1%, accounting for 15.8% of China's total cotton yarn imports for the year. Although the overall value of China's yarn trade decreased slightly by 2.9% to $19.68 billion in 2023, imports saw a significant increase of 13.2% to $5.98 billion. Notably, cotton yarn imports recorded a robust surge of 43.4% to 1.687 million tons, highlighting China's growing reliance on imported cotton yarn. [Extracted from the article]

The textile exports during the period showed a decline of 8.17 per cent as compared to the exports of $10,933.059 million during the same period of last year (July-January 2021- 22). Likewise, exports of readymade garments decrease by 1.71 percent, from $2,162.627 million to $2,125.698 million; art, silk and synthetic textile by 8.88 percent, from $262.519 million to $239.208 million; made-up articles (excluding towels, bedwear) by 11.41 per cent, from $491.091 million to $435.050 million while the exports of all other textile materials went down by 3.98 per cent, from $443.955 million to $426.276 million. P#10#P Textile exports reached to $10,039.743 million during the first seven months of the current fiscal year (2022-23). [Extracted from the article]

The exports of Pakistan textile commodities jumped by 25.43 per cent during the first nine months of the current fiscal year (2021-22) as compared to the corresponding period of last year, according to Pakistan Bureau of Statistics (PBS) report. As per PBS data, the textile exports were recorded at $14,242.623 million in July-March (2021-22) against the exports of $11,355.465 million in July-March (2020-21), showing growth of 25.43 per cent. Likewise, the exports of raw cotton increased by 1009.03 per cent, cotton cloth by 26.51 per cent, from $1,419.181 million to $1,795.457 million, cotton (carded or combed) by 100 percent to $1.632 million from $0.064 million exports last year, yarn (other than cotton yarn) increased by 104.53 per cent, from $23.560 million to $48.188 million whereas exports of knitwear increased by 34.12 per cent, from $2,780.896 million to $3,729.683 million. [Extracted from the article]

Pakistan's exports reached US$100 million per day in February, which is an impressive record for the economy. These included knitwear (grew by 57 percent), readymade garments (64 percent), bed wear (43 percent), cotton cloth (73 percent), nonbasmati rice (51 percent), cotton yarn (17 percent), towels (44 percent), rice basmati (67 percent), made-ups excluding towels and bedwear (22 percent) and plastic materials by 119 percent. Dawood expressed his satisfaction with the growth of exports and advised the officials of the Ministry of Commerce to monitor export growth so that the momentum is maintained and necessary interventions are made if and when necessary. [Extracted from the article]

The textile industry is the largest manufacturing industry in Pakistan and the 8th largest exporter of textiles in Asia, contributing 8.5% to the GDP of Pakistan. Textile is the most important manufacturing sector of Pakistan. And only in this way, can Pakistan's exports of textile products and cotton yarn increase significantly. [Extracted from the article]

The textile industry is the largest manufacturing industry in Pakistan and the 8th largest exporter of textiles in Asia, contributing 8.5% to the GDP of Pakistan. [Extracted from the article]

In fiscal 2019-20 ending June 30, textile and garment exports from Pakistan decreased by 6.01 per cent to $12.526 billion over $13.327 billion exports in the previous fiscal, mainly on account of the impact of COVID-19 pandemic. The value of textile and garment exports from Pakistan increased by 22.94 per cent year-on-year in dollar terms in fiscal 2020-21 that ended on June 30. [Extracted from the article]

Pakistan downgraded diplomatic relations and suspended bilateral tradewith India in August 2019 after New Delhi revoked autonomy for thedisputed Muslim-majority state of Jammu and Kashmir. (Bloomberg) -- Pakistan's government is set to resume trade with India,in the latest sign that tensions are easing between the two nations. [Extracted from the article]

The textile industry is the major industrial sector that plays an important role in the economic growth of the country. The textile industry is the major Table 1: Installed Working Capacity and Production of Yarn (000 Spindles) Installed Production of yarn Year Working Capacity Capacity (Million Kg) 2015-16 13.41 11.26 3,397 2016-17 13.41 11.88 3,428 2017-18 13.41 11.29 3,485 2018-19 13.41 11.34 3,431 2019-20 13.41 11.34 2.238 !. [Extracted from the article]

The government has guaranteed to withdraw 5% customs duty on yarn import. Imran Khan said that the textile group recorded a 7.79% increase during JulyDecember and to maintain this tempo Government must ensure the availability of yarn at reasonable rates. [Extracted from the article]

The Free Trade Agreement (FTA) between Pakistan and China has dented India's cotton yarn exports after Indian cotton exports declined by a massive 38.8 percent during the first six months of the current fiscal year that ended in September 2019. The report states that the FTA between China and Pakistan has been the major factor behind India's cotton yarn decline, as India cotton yarn exports to China dropped after the second phase of China-Pakistan FTA came into effect. [Extracted from the article]

The article focuses on the rise of cotton prices with cotton fiber increasing by 40% in 2010 while cotton yarns and fabrics jumped as much as 50%. A few manufacturers, however, chose not to look at the trend as instead focus on their expansion like Denim International of Pakistan that will expand its production capacity to 24 million meters from its traditional 10 million meters. Aside from denim, polyester and other synthetic alternatives are also affected by rising cotton prices.

The article discusses the economic impact of cotton prices on the textile spinning sector in Pakistan's textile industry. Topics include an overview of the factors contributing to the high cost of cotton worldwide, such as stockpiling by China, the economic importance of Pakistan's textile industry on the country's economic health, and the growth of the spinning sector in relation to export demand and increased cotton production.

The article discusses the growth of Pakistan's textile sector with spinning and weaving sectors. Topics discussed include purchase of Pakistan's cotton yarn by China accounting for more than 80percent of total yarn exports of the country, yarn exports from India and outlook for the textile industry along with investment of mills in downstream value added sectors such as home textiles, denim, knitwear and garments.

Reports the disputes on the transitional safeguard measures of combed cotton yarn from Pakistan in the United States. Misinterpretation of comparative analysis between the two countries; Reiterations on the Appellate Body for the World Trade Organization policy; Conformity of the obligation under the Agreement on Textile and Clothing.

The article offers news briefs related to the textile industry in Pakistan for 2015. It mentions the implementation of a 10% regulatory duty on the importation of cotton yarn, grey and processed fabric especifically from India. It offers the insights of the members of the Pakistan Apparel Form (PAF) on the withdrawal of importation duty on cotton yarn.

The author discusses developments in the textile industry in Pakistan and around the world as of September 2014. The author claims that the drop in cotton prices is improving the profitability of cotton spinners in the country. Also cited are the positive effects of the policies in China promoting imports of cotton yarn to Pakistani spinners, as well as several events in the industry like the Filo exhibition in Milan, Italy in October 2014.

The article reports that Pakistan's import of cotton yarn from India has increased, resulting in a debate on whether to stop the imports or implement customs duty between the spinning and the value-added sectors.

The article reports that textile mill owners in Pakistan have urged the government to withdraw duty exemptions for imported cotton yarn.

This section offers news briefs concerning the textile industry in Pakistan as of May 2014. Topics discussed include textile exports from Pakistan rising by 8.28 percent in the first eight months of fiscal 2013-2014 compared with a year ago, textile mill owners campaigning against exempting imported cotton yarn from duties and the Pakistani government pegging the cotton production target for 2014-2015 at 15.10 million bales. Also reported is the textile industry's growth for July-December 2013.

The article discusses the impact of China's cotton procurement policy on the cotton textile industry in Pakistan. It reveals that the high local cotton prices led to an increase in the cost of yarn production in China, and cites the percentage of uncombed coarse and combed cotton yarn exported by Pakistan to China between 2012 and 2013. The effect of the viability of the Chinese spinning sector on Pakistani spinners is tackled.

The article discusses trends in Pakistan's textile industry for fiscal year 2011-2012, and provides outlook for 2013. The sector faced various challenges throughout the fiscal year, including an energy crisis, poor law and order and deteriorating economic conditions. The value-added sectors, however, have started to show positive signs, including a remarkable increase in cotton yarn and better export price for Pakistani garments.

The article presents insights on the challenges encountered by the Pakistan textile industry in 2012. Topics discussed include the continued shortage of energy and unrest in industrial hub Karachi, decline in exports of textiles and improvement in the cotton cloth, cotton yarn and ready made garments. Also mentioned are the slowdown in decline of bedwear and knitwear categories and turnaround in textile stocks.

The article focuses on Pakistan's leading position in the global textiles industry. It notes that the country is the fourth largest producer of cotton yarn and is the third largest exporter of yarn in the world. It highlights that Pakistan was able to build its reputation through investments and the use of state-of-the-art technology. Details of the 2012 International Garment, Textile & Leather Machinery, Accessories & Fabrics Exhibition on October 11-14, 2012 are also provided.

The article discusses the rising demand for raw cotton and cotton yarn. Exports of both from Pakistan to several other nations including China and Bangladesh have risen, as have prices. Cotton purchases by exporters for the 2009-2010 cotton season are more than double those of the year-ago period. The U.S. Department of Agriculture predicts global production of cotton will decline.

The article announces that Pakistan's textile sector is facing a cotton yarn shortage in its domestic market as a result of the heavy export of yarn in 2009-2010.

The article reports on the imposition by the Pakistani government of a 15 percent regulatory duty on exports of cotton yarn. The decision resulted from the demands made by textile workers to ban yarn and cotton exports due to supply shortage. However, the decision was criticized by Value-Added Textile Forum (VTF) convener Muhammad Aasim Shah, demanding that such regulatory duty should be changed from 15 to 30 percent.

The author comments on an increase in the performance of the textile industry in Pakistan as of June 2010. There was an increase of 7.04 percent in the country's textile exports between July 2009 and April, amounting to approximately 8.46 billion U.S. dollars. There was also an increase of 32.13 percent in cotton yarn exports and an increase of 103.53 percent in exports of yarn other than cotton.

The article reports on data from the Federal Bureau of Statistics which show an increase in Pakistani textile exports and an unprecedented rise in Pakistan's export of cotton yarn during the period July 2009 to February 2010.

This section offers news briefs on the textile industry in Pakistan as of February 2010. The country has emerged as the number one market in terms of export of woven fabrics of synthetic staple to Malaysia. The decision of the federal Cabinet Committee to cap export of cotton yarn is commended by the value added textile sector. A show room and warehouses in Great Britain are being planned by the Pakistan Hosiery Manufacturers Association (PHMA).

This article reports on quota reimposed by the U.S. on combed cotton yarn imports from China in 2005. Shipments of Chinese yarns did not more surge than imports from other origins in the first quarter of 2005. Prices of Chinese yarns were not lowered when compared with other products. The U.S. strangely reimposed a limit on imports of combed cotton yarns from China in category 301. If surging shipments from China may effectively threaten U.S. textile production in most sensitive apparel categories, there is no similar threat in sight with Chinese yarns. Imports from Pakistan, however jumped 154% at the same time, and from substantially higher levels.

This article reports on the decline in Japanese import of cotton yarn in 2004 in line with lower textile and apparel production. Market shares of China, Pakistan and India improved, however to the detriment of exports from Indonesia and Thailand. Japan's imports of cotton yarns and threads were down more than 9 percent in volume terms in 2004 to 24,854 tons. Due to a nearly eight percent rise in average unit prices, imports were only down two percent in yen terms. The rise in the yen against the U.S. dollar probably limited the decline in cotton yarn imports in the past year. Pakistan remains the top supplier in volume terms with 26.3 percent of the market, before China and Indonesia. Shipments from Pakistan fell nearly eight percent, while imports from China and Indonesia were down six percent and 14 percent in volume terms, respectively. Shipments from Thailand were down 25 percent with its share of the import market falling to five percent in volume terms. Hong Kong's exports of cotton yarns to Japan also rose, but less significantly. The Japanese market clearly declined at the end of the year with total imports of cotton yarns falling nearly 18 percent in December from the same month of 2003.

This article reports on the surge in U.S. cotton yarn imports in the first five months of 2004. This is due to a jump in shipments of combed cotton yarns in volume terms. Imports surged in value terms, after cotton yarn prices were sharply higher compared with the same period in 2003. Prices already began declining in the second part of the period, however. U.S. imports of combed cotton yarns were up 46 percent in the January-May period in volume terms, after already rising 26 percent in 2003. At 28,157 tons, shipments exceeded imports of carded cotton yarns over the period, as yarn processors are progressively shifting to the higher end of the market. Pakistani spinners benefited from a rebound in their sales to the U.S. U.S. imports of Pakistani carded cotton yarns were up 86 percent in volume terms over the period after falling 35 percent in 2003 while shipments of combed cotton yarns rose 181 percent after declining 3 percent in 2003. U.S. imports of cotton yarns from Brazil and Indonesia also surged over the same period. If Brazilian quota in categories 300/301 is far from being filled, fill rate of Indonesian limit already reaches 70.40 percent in the same category 300/301. Shipments from Indonesia were up 629 percent on the carded cotton yarn market while rising 350 percent on the combed cotton yarn market. Imports of combed cotton yarns from Canada surged nearly 4,000 percent over the January-May period at 2,112 tons. Although prices of Egyptian yarns made from long staple fibres did not increase over the period, sales to the U.S. were sharply down.

Cotton yarn prices further declined towards the end of May 2004 in China in line with a slow-down in demand and lower cotton prices. In sharp contrast, prices rose in Pakistan after cotton prices rebounded in the period. In Changyi, prices of 100% cotton carded yarns clearly fell recently, down between 400 to 600 yuan per ton. Average price of 32s declined 2.68% to 19, 950 yuan per ton. Prices also fell on the other markets in China, such as in Qianqing where 21s carded yarns decreased by about 300 yuan. On Southwest textile market, average price of pure cotton yarns did not change, however. In the past three months, prices fell between 500 and 1,000 yuan. Demand in China continued being depressed by the relatively high level in prices while production is still rising. According to latest official statistics, yarn output again increased by more than 13% in April to 891,500 tons, up 13% in the first four months of the year to 5.71 million tons. Cotton yarn production would reach 11 million tons this year, according to China Cotton Association, compared with total consumption of only 8 million tons. Demand from international market is also down in India, putting pressure on domestic yarn prices. In Pakistan, in sharp contrast, yarn prices are again rising in line with higher cotton prices. Domestic demand for cotton yarns remains relatively strong due to a substantial rise in foreign demand for Pakistani value added textiles and apparel.

This article reports on the increase in cotton yarn prices in China and Pakistan as of March 2004. Cotton yarn prices were on an upward trend after China returned from its new year's holidays. In addition to higher domestic prices in China, demand for foreign quality yarns is stimulating international prices. Downward processors in India and Pakistan are increasingly denouncing the rise in yarn prices, again asking for limits on exports to China. Cotton yarn prices rose about 500 yuan per ton in the post-holiday period. Since demand remains relatively low, however, prices could stop rising in the coming days, observers said. The recent rise in prices is mainly due to higher cotton prices in the post-holiday period. China's yarn production is expected to go up further this year to more than 10 million tons. Meanwhile prices of cotton yarns again rose in Karachi in January, according to the Pakistani Industry Association, APTMA. Downward processors are increasingly denouncing the repeated rise in cotton yarn prices, especially makers of knitted apparel, towels or bed linens, more subject to price pressure from buyers from European Union and the U.S.

Highlights the report issued by the World Trade Organization settlement panel on Pakistan's dispute over the United State' imposition of a restriction on the import of cotton yarn from Pakistan. US violations of articles of the Agreement on Textiles and Clothing (ACT); Panel recommendation that the US remove the import restriction.

The article reports that the price of cotton has decreased in India and Pakistan, as mills had stockpiled goods as a precautionary measure. It states that the cost of raw cotton and cotton yarn has dropped by 33 percent in Pakistan, and importers are waiting, before the renegotiation of a new contract. It mentions that the U.S. cotton belt is facing adverse growing conditions, including drought in Texas, flood in the mid-South and dry conditions in the Southeast.

The article reports that Pakistan's textile and apparel sector has shown strong sales as of 2010-2011, with knitwear, ready-to-wear, silk and synthetic fabrics showing key gains. Pakistan's cotton yarn exports increased 45 percent year on year from July 2010 to February 2011, and cotton cloth gained 33 percent. Pakistan exports yarn and fabric to China.

The article discusses the market performance of the textile industry of Pakistan as of April 2010. It notes that five percent of the cotton yarn being produced globally comes from the country and it has a 7.6% spinning capacity in the Asian region. According to a report by Asian Development Bank and the government of Pakistan, the country lacks innovation and product development in its textile and apparel sector. The report also states that Pakistan should invest in management training and organizational efficiencies to increase its productivity.

The article focuses on Towellers Ltd.'s new facility outside Karachi, Pakistan. The plant has its own power generation and a pre- and post-waste water treatment plant. The new facility can produce towels from traditional cotton yarns and specialty yarns. Sheik Mohammed Obaid, president of the company, said that once the facility is fully booked out, it can generate a minimum of 45 million dollars in sales. Towellers also plans to construct a wind turbine power plant to cut energy costs.