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Pakistan’s cotton yarn exports to China rise by 65.85%

TechX Editor by TechX Editor
May 12, 2024
in Economy, News
Reading Time: 2 mins read
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pakistans-cotton-yarn-exports-to-china-rise-by-65-85

Pakistan’s cotton yarn exports to China increased by 65.85 percent in the first quarter of 2024, reaching $166.37 million. Cotton yarn imports totaled $65.78 million, up from $26.28 million in the same period last year.

Data from the General Administration of Customs of the People’s Republic of China (GACC), imports of uncombed single cotton yarn contain 85%

More from Pakistan reached $ 99.12 million in the first quarter of 2024, up from $72.70 million in the same period the previous year.

Table of Contents

Toggle
    • G.M of China Operations
  • China’s Domestic Market
    • All Pakistan Cement Manufacturers Association

G.M of China Operations

Sajjad Mazahir, General Manager of China Operations Keywin Trading Ltd, told China Economic Net (CEN) that China’s increasing demand for Pakistan cotton textiles is due to the country’s industry’s balance with both exports and local.

China’s Domestic Market

He stated that while Pakistan’s textile products were once only in demand for exports, they have since gained a significant market share in China’s domestic market.

He stated that Pakistan currently supplies cotton, cotton yarns, and Griege fabric. Many customers prefer them because of their competitive pricing and high quality.

It was reported that Pakistan’s cement exports increased by 45.96 percent in April 2024 when compared to the same month the previous year.

All Pakistan Cement Manufacturers Association

The All Pakistan Cement Manufacturers Association, cement exports totaled 614,264 tonnes in April 2024, up from 420,857 tonnes in the same month the previous year.

To the data, cement exports increased by 65.35 percent in the first ten months of the current fiscal year (2023-24), totaling 5.715 million tonnes.

To read our blog on “Pakistan’s IT exports soared by 31.79%,” click here

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