[vc_row][vc_column][vc_column_text dp_text_size=”size-4″]Pakistan’s cotton yarn exports to China have surpassed $166.37 million, marking a remarkable 65.85 percent increase in the first quarter of 2024.
Data from the General Administration of Customs of the People’s Republic of China (GACC) revealed that imports of uncombed single cotton yarn containing 85 percent or more from Pakistan exceeded $99.12 million in the first quarter of 2024, compared to $72.70 million during the same period last year. Additionally, imports of cotton yarn rose to $65.78 million from $26.28 million in the corresponding period.
Read more: Minister Aims For $5B Exports From Islamabad
Sajjad Mazahir, General Manager of China Operations at Keywin Trading Ltd, explained to China Economic Net (CEN) that China’s growing demand for Pakistan cotton textiles is due to the country’s ability to balance exports with local downstream orders. He highlighted Pakistan’s expanding market share in China’s domestic market, attributing it to competitive prices and quality in products such as cotton, cotton yarns, and Griege fabric.
Moreover, recent reports indicated a substantial increase in Pakistan’s cement exports, which surged by 45.96 percent in April 2024 compared to the same month the previous year. The All Pakistan Cement Manufacturers Association reported that cement exports reached 614,264 tons in April 2024, compared to 420,857 tons in April last year. Furthermore, cement exports during the first ten months of the fiscal year 2023-24 saw a notable 65.35 percent increase, with 5.715 million tons exported during this period.[/vc_column_text][/vc_column][/vc_row]
