Pakistan'S Total Export Trade Amounted To US $19 Billion 600 Million.
According to the Pakistan Daily News reported on July 18th, the latest statistical report of Pakistan National Bank (central bank) shows that the last fiscal year (July 2009 to June 2010) Pakistan export trade The total amount is $19 billion 600 million. Among them, textile exports amounted to 10 billion 100 million US dollars, accounting for 52% of total exports, representing an increase of 4 percentage points over the same period last year.
From the breakdown of textile products, the export of Pakistan cotton yarn in the last fiscal year increased by US $1 billion 200 million, an increase of 25% compared with the same period last year, and exports of raw cotton increased by nearly US $208 million, up 2 billion 60 million from the same period last year; the export of knitted goods was US $2 billion 60 million, an increase of 0.29% over the same period last year; the export of bedding products was US $1 billion 640 million, up 7.48% over the same period last year.
Reported that the last fiscal year, the number of Palestinian textile exports fell 10%, but prices rebounded slightly, which is the cause of Pakistan textiles. Exit The main reason for increasing the proportion of total exports is. At present, the value added textile departments and textile factories have different opinions on whether the government should extend the export tax on cotton yarn. The former stressed that the Brazilian spinning mill exported to China and other competitive countries. cotton material Yarn causes the supply of raw materials in the high value-added textile sector to be tight, affecting the export of its products, and requires the government to extend the export adjustment tax. The latter insisted that the government should not extend the export adjustment tax, and said that the policy had led to the closure of dozens of spinning mills.
Data show that Pakistan yarn exports account for 30% of the global market share, while high value-added textile exports account for only 1% of the global market share of the total value of US $375 billion. In this regard, Pakistan textile industry insiders say that Pakistan has become an exporter of textile raw materials.
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