Pakistan imports 24,300 tonnes of cotton yarn in six months - News Summed Up

Pakistan imports 24,300 tonnes of cotton yarn in six months


According to figures available with this scribe, Pakistan imported 14,100 tonnes of cotton yarn from China (58pc of total imports), 2,067 tonnes from Turkey, 1,038 tonnes from Oman, 915 tonnes from Uzbekistan, 246 tonnes from Indonesia, 172 tonnes from Vietnam and 1,028 tonnes from other countries. Pakistan also imported 4,733 tonnes of cotton yarn from India during July-September 2019 (19pc of total imports in the first half of FY20). It is pertinent to mention that Pakistan was highly dependent on Indian cotton yarn from 2011 to 2019. In terms of quantity, Pakistan imported 4,927 tonnes of Indian cotton yarn in 2011-12, 16,856 tonnes in 2012-13, 25,839 tonnes in 2013-14, 22,988 tonnes in 2014-15, 45,130 tonnes in 2015-16, 62,335 tonnes in 2016-17, 75,494 tonnes in 2017-18, 47,777 tonnes in 2018-19 and 4,733 tons from July to September in 2019-20. He advised capacity building and incentive for cotton farmers that might help in meeting the cotton bales target this year.


Source: Pakistan Today January 25, 2020 15:43 UTC



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