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The cotton and textile industries play a dominant role in exports; [14] cotton accounts for 55 percent of the country's export earnings, and Pakistan has a 14% share of the world's cloth exports. [2] The European Union (EU) granted Generalized System of Preferences "Plus" status to Pakistan in 2013, which has promoted textile exports to the EU.
The decline in the agricultural sector has led to a record decline in cotton production, the country's main crop, which will fall by 22% to 7 million bales in the current fiscal year. Its production in the last financial year was more than 9 million bales. Cotton is the country's main textile export major raw material.
With lives and livelihoods claimed by climate-induced flooding, Pakistan cotton — and the apparel sector — is in flux. Pakistan Still Assessing Cotton Damage, Road of Recovery Ahead Skip to ...
Cotton is the largest segment of textile production. Other fibers produced include synthetic fiber, filament yarn, art silk, wool, and jute. [8] Cotton: Cotton spinning is perhaps the most important segment in the Pakistan textile industry with 521 units installed and operational. [8]
Pakistan has also cut the use of dangerous pesticides dramatically. [13] Pakistan is a net food exporter, except in occasional years, when its harvest is adversely affected by droughts. Pakistan exports rice, cotton, fish, fruits (especially Oranges and Mangoes), and vegetables and imports vegetable oil, wheat, pulses and consumer foods.
Cotton textile production is the single most important industry, accounting for about 19 percent of large-scale industrial employment. Cotton yarn, cotton cloth, made-up textiles, ready-made garments, and knitwear collectively accounted for nearly 60 percent of Pakistan's exports in 1999-2000.
However, despite this growth, Pakistan faced significant challenges, particularly in cotton production, with the country falling short by around half of its cotton requirement, estimated at seven million bales. The government's decision to allow duty-free imports of cotton yarn was a response to this shortfall. [52]
* Cotton production in million bales. Pakistan's principal natural resources are arable land and water. About 25% of Pakistan's total land area is under cultivation and is watered by one of the largest irrigation systems in the world. Pakistan irrigates three times more acres than Russia. Pakistan agriculture also benefits from year-round warmth.