Daily Times

Pakistan’s cotton yarn exports to China have surpassed the $166.37 million mark with an increase of 65.85%, in the first quarter of 2024.

General Administration of Customs of the People’s Republic of China (GACC) data showed that in the first quarter of 2024, the imports of uncombed single cotton yarn containing 85% or above (commodity code 52051200) from Pakistan crossed $ 99.12 million, compared with $72.70 million in the same period, whereas the imports of cotton yarn (commodity code 52051100) crossed $65.78 million, up from $26.28 million in the same period last year.

General Manager of China Operations Keywin Trading Ltd, Sajjad Mazahir told China Economic Net (CEN) that China’s increasing demand for Pakistan cotton textiles is because China’s industry balances itself with both exports and local downstream orders. He said that a few years back, Pakistan’s textile products were in demand only for exports but now it has taken a good market share in China’s domestic market, too. Currently, he said that Pakistan’s supplies include cotton, cotton yarns, and Griege fabric. They were preferred by many customers due to their competitive prices and quality. Yet, there is much to do for Pakistan to diversify its textile exports, he added.