Pakistan’s textile exports increased by approximately 1.41% during the first eleven months (July-May) of the fiscal year 2023-24, reaching US$ 15.24 billion compared to US$ 15.03 billion in the same period last year, according to the Pakistan Bureau of Statistics (PBS). PBS data on
China Slips to Second Place in Indian Cotton Yarn Market, Bangladesh Claims Top Spot In September 2023, the export dynamics of Indian cotton yarn (HS 5205) witnessed notable shifts. The total export volume reached 103,100 tons, marking a significant year-on-year surge of 293.11%, despite a month-on-month decline of 11.12%. China, traditionally a dominant market, slipped
Cotton production in India is a significant component of the country’s agricultural landscape and economy. In the 2022-23 cotton season, India witnessed a notable recovery in cotton production, with an overall increase of 10.38% compared to the previous year. This improvement marks a significant shift from the 11.72% drop observed in the 2021-22 season. Central […]
As per U.S. Department of Agriculture (USDA), in 2022-23, Indonesia’s cotton consumption is projected at the lowest level in over 30 years at 1.6 million bales, down 1.0 million from the previous year. This projected level is lower than the COVID-19 period and nearly 2.0 million below the record witnessed 5 years ago. Plunging yarn […]