Home / Knowledge / News / Textiles / Scope to boost Pakistani textile exports to Indonesia

Scope to boost Pakistani textile exports to Indonesia

29
Aug '12
Pakistan’s trade with Indonesia touched a record-high of US$ 1.2 billion in 2011, mainly owing to increased participation of Pakistani firms in Indonesian textile manufacturing, Iqbal Tahir, Commercial Attache at the Embassy of Pakistan in Jakarta, has said.
 
He said the rising number of middle class population among the 240 million Indonesians provides a good scope for continued growth of Pakistani textile exports to the largest Asean economy.
 
The Pakistani embassy in Jakarta has included readymade garments, cotton fabrics, cotton Islamic wear, prayer rugs, handicrafts and sportswear among the list of items that can be promoted in Indonesia.
 
According to Indonesian official statistics, the country imported US$ 41.7 million worth of cotton and US$ 7.4 million worth of fabrics from Pakistan in 2011.
 
Cotton and cotton fabrics were among the major products imported by Indonesia during the first six months of the current year.
 
From January to June, Indonesia imported US$ 126.7 million worth of goods from Pakistan and the Pakistani embassy expects the figure to jump to US$ 300 million by the end of the current year.
 
Mr. Tahir said Pakistan recently signed a Preferential Trade Agreement (PTA) with Indonesia, which enables Pakistan to export cotton yarn, fabric and knitted menswear to Indonesia at reduced tariffs after the PTA gets ratified in about two months time.
 

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 2nd Aug 2021

Vietnam surpasses Bangladesh as 2nd biggest garment exporter: WTO

Bangladesh recently lost its rank as the second largest apparel...

Pic: Shutterstock

Textiles | On 2nd Aug 2021

Euro zone economy expands by 2% in Q2 2021: Eurostat

The 19-member euro zone financial system expanded by 2 per cent in...

Pic: Shutterstock

Textiles | On 2nd Aug 2021

US real GDP increases at annual rate of 6.5% in Q2 2021: BEA

US real gross domestic product (GDP) increased at an annual rate of...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

Always best to produce under own supervision

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Amanda Cioletti,

Amanda Cioletti

The entertainment/character segment lead as the largest sector for the...

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Wolfgang Plasser, Lenzing AG

Wolfgang Plasser
Lenzing AG

The Lenzing Group is an international company headquartered in Austria...

Shaan Sethi, Jaanuu

Shaan Sethi
Jaanuu

Jaanuu, a vertically integrated e-commerce company, has reimagined the...

Johann-Philipp Dilo, Dilo Group

Johann-Philipp Dilo
Dilo Group

German company Dilo Group is one of the leading equipment suppliers of...

Archana Jaju, Label Archana Jaju

Archana Jaju
Label Archana Jaju

<b>Archana Jaju</b>’s Hyderabad-based eponymous label works with artisans...

Sweta Agarwal, A Humming Way

Sweta Agarwal
A Humming Way

A Humming Way (AHW) is inspired by the old-world regalia of Rajasthan...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

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

Leave your Comments


July 2021

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


Advanced Search