Home / Knowledge / News / Textiles / Global slowdown causes decline in Pakistani textile exports
Global slowdown causes decline in Pakistani textile exports
Nov '11
Global economic slump has led to a decline in demand for Pakistani textile items in overseas markets, which has resulted in a fall in the country's textile shipments in October 2011.

According to the Ministry of Textile Industry (MinTex), global recession is reducing the purchasing power of people, particularly of those in Europe, which is hit by Eurozone crisis, and this has impacted Pakistan's textile exports, which depicted a downtrend during the month of October, compared to the corresponding period of last year.

As per the provisional data released by the Federal Board of Statistics (FBS), exports during the month dropped by 13.51 percent. However, when the overall exports for the initial four months of the current fiscal are taken into consideration, it portrays a 3.29 percent year-on-year rise in exports.

The drop in textile exports in October, to some extent, is also attributable to gas and power crisis faced by the domestic textile industry.

With a view to boost the exports of the domestic textile industry, the Ministry is surveying new world markets, with a particular focus on Africa, where no quota restrictions apply on Pakistani products.

The MinTex is encouraging the export of more value-added textiles, rather than the export of unfinished goods.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Mohammad Mamun Ar Rashid
UL VS Bangladesh Ltd

Productivity, creativity and innovation play a vital role in the growth of ...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search