Pakistan Textile And Apparel Exports To The United States Are Not Growing At An Ideal Pace.

U.S.A textile T&C is the largest market for Pakistan products. Although the US market is still in turmoil during the financial crisis, retail sales figures showed stable sales in 2011.

Although the US import figures were not released in 2011, the amount of textiles and clothing exported to the United States in 2011 in Pakistan Expect The increase is 3%, but the number is reduced by 18%, mainly due to the significant increase in raw material costs.

Figures show that Pakistan has a diversified product mix. Pakistan's clothing exports to the United States account for 49% of its total exports. Although the products are diversified, Pakistan's exports to the us seem to be too dependent on cotton based products.

94% of Pakistan's exports of textiles are based on cotton. On the contrary, non cotton raw materials, such as wool, account for only 2% of Pakistan's exports to the United States, 4% of man-made fiber raw materials, and 0.1% of silk and vegetable fiber raw materials.

During the 2010, Pakistan garments exported to the United States. Amount of money Year by year increased by 14%, the number increased by 9%. The export volume of non clothing increased by 9% and the number increased by 5%.

In contrast, India clothing exports to the United States increased by 9%, and its volume increased by 1%. India's non garment exports increased significantly, the amount increased by 29%, the number increased by 25%.

Bangladesh's clothing export volume and volume continued to grow strongly, with an increase of 15% in volume and a 16% increase in volume. Bangladesh gained considerable market share in the non garment export market. China and Vietnam are also dressed and not. clothing The export market has achieved steady growth.

In 2011, the export volume of Pakistan garments to the US was expected to grow by 6%, and the export of non garments was expected to grow by 1%. In terms of quantity, clothing exports will drop by 15%, while the number of non garment exports is expected to decline by 19%.

The amount of cotton based products is expected to increase by 2%, while the number is expected to decrease by 21%. The expected growth of Pakistan's main exports to the United States, such as men's / boys' knitted shirts, cotton knitwear, men's / boys' cotton trousers and synthetic fiber products, is also expected to grow significantly. Although the base of these products is very small, it was only $126 million in 2010, and expected to grow by about 38% in 2011.

Pakistan textile and clothing exports to the United States did not grow at the expected rate, and at least two categories of export growth did not reach the expected pace.

However, the share of Vietnam and Bangladesh in the clothing market has increased significantly, and India has steadily increased in the home textile market. In order to prevent the downward trend, Pakistan textile and clothing exporters need to diversify their export products to develop more value-added products, while giving priority to the export of non cotton products.

Pakistan also needs to launch trade diplomacy to avoid unfair tariff regimes. The free trade agreement with the United States will be very beneficial to Pakistan's exports.