Pakistan's textile and apparel export weakened compared with the first half of the year
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Pakistan's textile and apparel export weakened compared with the first half of the year

Views: 0     Author: Site Editor     Publish Time: 2022-11-30      Origin: Site

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Recently, Pakistan's textile and apparel export weakened compared with the first half of the year, and the export value was lower than the monthly average of this year for three consecutive months, and the year-on-year growth was very likely to turn negative next month. Compared with other countries in Southeast Asia, Vietnam's textile and garment export still maintained a rapid growth, while that of Bangladesh and India entered a downward stage, which showed that the textile and apparel retails in European countries and the US were gradually shrinking. At the same time, with the price decline of Xinjiang cotton this year, Chinese siro-spun yarn will have more price advantages over that of Pakistan, thus the exports of Pakistani yarn will still be under great challenges.

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