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The Cotton Exchange, Karachi is located in Karachi, Sindh, Pakistan. [1] It is the largest cotton trading exchange in Pakistan. History. Founded in 1933, it is the ...
APTMA represents over 400 textile mills in Pakistan. [2] The textile industry is Pakistan's largest industry and textile is the most important export of Pakistan. [3] Mian Muhammad Mansha, a business tycoon and one of the richest man in Pakistan, [4] is the most famous personality in this industry.
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 export market for sports goods is fairly diversified. More and more countries are being added to the list of their imports. In 1990-91 there were in all 50 countries importing these good from Pakistan. Thereafter, the list has continuously expanded so that during the 1992-98 period, Pakistan exported sports goods to 90 countries.
A "bale of cotton" is also the standard trading unit for cotton on the wholesale national and international markets. Although different cotton-growing countries have their bale standards, for example, In the United States, cotton is usually measured at approximately 0.48 cubic meters (17 cu ft) and weighs 226.8 kilograms (500 pounds). [6]
Initially planned as Phase 4 of the Komtar project, 1st Avenue Mall was eventually developed by a private developer and opened to the public in 2010. Upon its completion, it competes directly against the adjacent Prangin Mall and has since attracted a variety of well-known international fashion brands, including H&M, Skechers, Cotton On and Victoria's Secret.
Jodia Bazaar (Urdu: جوڑیا بازار) is a bazaar located in Karachi, Pakistan. [1] The bazaar comprises a wholesale market for commodities including flour, wheat, rice, sugar, and legumes. [2] [3] Jodia Bazaar is also known as the main market of hand fans in Pakistan. [4]
In August 2007, Pakistan started exporting cement to India to fill in the shortage there caused by the building boom. [8] Russia is a growing market for Pakistani exporters. In 2009/2010 the export target of Pakistan was US$20 billion. [9] As of April 2015, Pakistan's exports stand at US$29 billion.