The data released by the General Administration of Customs of the People’s Republic of China (GACC) shows that China imported more than $100.98 million worth of cotton yarn from Pakistan in the first two months of 2024.


Beijing: Pakistan’s cotton yarn exports to China have surpassed the $100 million mark in the first two months of 2024. Experts believe Pakistan’s cotton yarn export to the world will further enhance this year due to good yield.
According to data released by the General Administration of Customs of the People’s Republic of China (GACC), China imported more than $100.98 million worth of cotton yarn from Pakistan in the first two months of 2024, which increased by around 98% as compared to the last year in the same period.
Uncombed single cotton yarn crossed $57.77 million in January – February of 2024. Pakistan is the second largest exporter after Vietnam in this item of cotton yarn this year. Data further showed that uncombed single cotton yarn crossed $41.95 million in the first two months of 2024, while last year in the same period it was $14.54 million, China Economic Net (CEN) reported.
Sajid Mahmood, Head of the Transfer of Technology Department, Central Cotton Research Institute Multan told China Economic Net that the Pakistan-China yarn business underscores a pivotal opportunity for Pakistan to diversify its exports beyond predominantly Siro Yarns into other high-quality variants like cotton, carded, and combed yarns, with enhanced competitiveness in the Chinese market.
Despite benefiting from a Free Trade Agreement with China, Pakistan faces stiff competition from India, especially in non-Siro yarns, despite a 3.5% higher duty for India. Additionally, Vietnam poses a challenge with similar duty-free privileges, although its reliance on imported cotton exposes vulnerability, he said.

Rain in Punjab, hail likely in few places
- 2 hours ago

Why are men so much more right-wing than women now?
- 5 hours ago

Pakistan Army shoots down 4 Indian drones in Okara Cantt
- 2 hours ago

Flight operations at Jinnah Int’l Airport resumes
- 4 hours ago

US not to intervene in Pakistan-India war
- 4 hours ago

Pakistan's foreign exchange reserves increase by $118mn
- an hour ago

Why the Karen Read retrial might end differently this time
- 5 hours ago

Pakistan rejects Indian media's allegations, propaganda
- 4 hours ago

Welcome to the May issue of The Highlight
- 5 hours ago

Indian army shelling on Kotli, 4 including newborn martyred
- 2 hours ago

Pak-India tensions: Remaining matches of PSL 10 to be played abroad
- 4 hours ago

Pakistan Army retaliation, IPL suspended
- 7 minutes ago