Pakistan’s share on the rise

Pakistan’s apparel shipments to the US jumped 49 per cent to 895 million SME in 2021 compared to 599 million SME in 2019. In fact both India and Pakistan registered the largest increase in share of US apparel market during 2021. While Pakistan registered 11.4 increase in share and holds 3.04 per cent of US apparel export market. India’s share grew 11.3 per cent year on year making up 4.35 per cent of US apparel export market.

Pakistan’s share in the global apparel exports has been steadily increasing since 2018. It has also emerged the most competitively priced apparel supplier to the US on a price per unit basis in 2021. Yet, Pakistan lags behind China in terms of the actual size of imports. The sheer size of China’s installed supplier base makes it difficult for manufacturers to diversify the entire production elsewhere