Pakistani Cotton Yarn Exports to China Increase by 65.85%
In the initial quarter of 2024, Pakistan's cotton yarn exports to China surged by 65.85%, surpassing the $166.37 million milestone.
Data from the General Administration of Customs of the People’s Republic of China (GACC) revealed that Pakistan's exports of uncombed single cotton yarn, containing 85% or more, totaled over $99.12 million during this period, a significant increase from $72.70 million recorded in the same timeframe last year. Additionally, imports of cotton yarn rose to $65.78 million, up from $26.28 million in the corresponding period last year.
Sajjad Mazahir, General Manager of China Operations at Keywin Trading Ltd, informed the China Economic Net (CEN) that China's growing appetite for Pakistan's cotton textiles stems from the industry's ability to cater to both export and domestic demands. He highlighted Pakistan's transition from being solely export-driven to securing a substantial market share within China's domestic market.
Mazahir noted that Pakistan's offerings, including cotton, cotton yarns, and Griege fabric, are favored by many customers due to their competitive pricing and quality.
