Home / Knowledge / News / Textiles / Pakistan biggest supplier of cotton yarn to China
Pakistan biggest supplier of cotton yarn to China
13
Apr '11
Taking full advantage of its low production cost, Pakistan has emerged as the largest supplier of cotton yarn for China in 2010.

In 2010, Mainland China imported 336,800 tons of cotton yarn from Pakistan, accounting for 30 percent of total imports, amounting to US $892 million, an increase of 17.74 percent.

Though Pakistan has retained number one position, its exports of cotton yarn to China registered a negative growth rate of 12.23 percent, due to a couple of reasons. In 2010, Pakistan was devastated by one of the biggest floods of its history. Due to this flood, cotton yarn production declined and it was compelled to cap its exports.

On the other hand, its domestic consumption of cotton yarn increased. Its export policy too played a negative role. Due to all these reasons, exports of cotton yarn from Pakistan were limited.

China's imports from India, Vietnam and Taiwan each, accounted for nearly10 percent in total import bill. While imports from India and Vietnam increased 67.96 percent and 38.56 percent respectively, imports from Taiwan declined by 3.36 percent.

Import prices of cotton yarn from Pakistan, China Taiwan, Uzbekistan and Thailand were lower than the average import price. For imports from Taiwan, it was 20.70 percent lower. It was 10 percent less for remaining three countries.

Average prices of cotton yarn imports from India, Vietnam and Indonesia were about 7 percent higher than the national average price.

Unit price of cotton yarn imports in 2010 grew significantly compared to 2009. Import price of cotton yarn from Uzbekistan showed improvement of nearly 60 percent. For remaining countries, it recorded increment from 20 to 40 percent.

Fibre2fashion News Desk - India

Must ReadView All

Pakistan's Finance Minister Mohammad Ishaq Dar presenting Budget 2017-18 in National Assembly in Islamabad on May 26. Courtesy: PID, Pakistan

Textiles | On 27th May 2017

Pakistan Budget 2017-18 proposes 4 new measures

To support the textile sector in Pakistan, finance minister Mohammad...

Courtesy: IRRC Institute

Apparel/Garments | On 27th May 2017

Up to 7.5 mn retail jobs in US at risk due to automation

About 6-7.5 million retail jobs in the US are likely to be automated...

Textiles | On 27th May 2017

Indian textiles ministry promotes wool sector

The ministry of textiles has taken multiple steps to promote the wool ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

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

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Suresh Patel
Sidwin Fabric

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search