The Share Of Cotton Export Is 60% Of Total Export Of Pakistan

Business.

Scenario of apparel export of pakistan - pakistan has attained a creditable position in the world because of its large scale textile industry. The share of cotton export is 60% of total export of Pakistan. It ranks fourth in the production of cotton and ranks third in the consumption of cotton in Asia.

The government of Pakistan has developed the separate ministry of textile industry in the year 2004 after the outstanding performance of industry in the area of Apparels. - the higher production costs have brought about this regress. Right now it seems that Pakistan Textile industry is in a stagnant condition. Because of the internal competition with other industries the production cost goes high, and the higher cost weakens the conditions of the Pakistan export market in the international market. The figures of apparel export of Pakistan, India, China, Bangladesh and Sri Lanka to the US in the first half of the year 2006 are shown in the following chart. Exports of Pakistan textiles are not praise - worthy in comparison with those of Bangladesh, China and India.

The apparel export rates of China are higher than its other South Asian competitors. - the decrease is seen in the rates of apparel export by pakistan. The apparel export made by China is at$ 80 per square meter, by Bangladesh is at$ 17 per square meter, by Pakistan is at$ 94 per square meter and by India is at$ 85 per square meter. The apparel export rates of Pakistan were$ 80 per square meter in the first half of the year 2005 and it declined by$ 94 per square meter in the first half of the year 200It is - 72% . The increase has been seen in the knitted clothing rates of Pakistan exports in European Union. In the area of export of knitted clothing of Pakistan to EU is lower than China during the first half of year 200The export rate of knitted clothing for India is at 108 euros per kilo, for China is at 192 euros per kilo, for Bangladesh is at 17 euros per kilo and for Pakistan is at 46 euros per kilo.

In the previous year it was - 159% but in this year it reached to 66% . - karachi is main contributor in the economy of country by sharing 67% , though it lacks single industrial area. In the first half of the previous year the export rate of woven clothing of Pakistan was - 01 but it is 12% in the first half of this year so the increase of 34% is seen. This gives negative effect to the industry. The services like electricity, gas and water cost more than other areas and also lacking the recycle plants of waste products. Along with it also lacks proper roads and sewage systems. Industries get water supply through tankers which cost high so it directly affects the production cost.

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