How the Poor Performance of the Textile Sector Led to a Dive in Exports to the US

Thursday, 11 July 2024, 02:23

The poor performance of the textile sector in Pakistan has had a significant impact on the country's exports to the United States. While exports to China saw a notable rise of 42%, reaching $2.553 billion, the downward trend in exports to the US is concerning. This decline underscores the challenges faced by the textile industry and highlights the need for strategic interventions to improve market opportunities and competitiveness.
Dawn
How the Poor Performance of the Textile Sector Led to a Dive in Exports to the US

Impact of Textile Sector Performance on Exports

The performance of Pakistan's textile sector is a crucial determinant of the country's export success.

Key Points:

  • Textile Sector Performance: Critical for export growth.
  • US Exports: Decline due to poor sector performance.
  • China Exports: Surge by 42% to $2.553 billion.

In summary, the textile sector's underperformance has resulted in a decline in exports to the US, while exports to China have shown positive growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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