Home / Knowledge / News / Textiles / Textile sector will import large volume of cotton
Textile sector will import large volume of cotton
Oct '09
As the global economic environment is experiencing a turnaround, demand for Pakistani textile products is climbing up. So, the country is likely to import around 2 million bales of cotton fiber this year.

Textile exports of the country are likely to go up to $13 billion in the year ending June 30 compared to previous year's export of $10 billion.

The industry that contributes two-third of country's overall exports, struggled to regain the growth amid numbers of barriers such as demand plunge, power shortage and increasing interest rates.

As per the estimates of Farm Ministry, this season the cotton crop output of Pakistan will be 12 million bales, slightly lower than last year's output of 12.1 million bales. In the year ending on June 30, the industry profits tumbled by 57 percent.

Textile manufacturers imported 3 million bales last year. The country imports around 30 percent of cotton used by spinning mills, whereas about 80 percent cotton yarn produced in Pakistan is exported.

However, in last two years over 100 textile spinning mills closed down their shutters leaving 1 million people without jobs.

The US and EU are the major importers of Pakistani textiles, while the key textile export products of country are knitwear, bed linen, cotton cloth and cotton yarn.

In the first three months of the ongoing fiscal year, country's textile export slipped down by 11 percent to $2.44 billion. The government aims to increase these exports by 2014 to $25 billion, according to its first textile policy, announced in August.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search