Pakistan’s apparel exports to the United States in the first six months of 2022 increased by 1.6 percent in volume but the jump in value was over 27 percent; still Pakistan according to statistics from the Department of Commerce’s Office of Textiles and Apparel.
Overall textile and apparel imports to the US total 10.0 billion square meter equivalents in July 2022, down 1.0 percent from June but up 12.2 percent from July 2021. Textile imports total 7.07 billion SME, down 3.8 percent for the month but up 10.2 percent from the previous year, while apparel imports of 2.94 billion SME rose 6.5 percent from June and 17.4 percent from a year before. Total year-to-date imports were 67.1 billion SME, up 34.5 percent from the previous year, as textile imports rose 39.9 percent to 47.6 billion SME and apparel imports gained 22.9 percent to 19.5 billion SME.
OTEXA has reported the following statistics on textile and apparel imports from major source countries for July 2022.
Country | SME | Annual change% | $ value | Annual Change % |
China | 3.50 billion | -0.6 | 3.60 billion | +27.2 |
India | 905.8 million | +22.8 | 971.3 million | +32.8 |
Mexico | 734.3 million | +198.0 | 411.0 million | +3.8 |
Turkey | 725.8 billion | +167.0 | 243.9 million | -9.3 |
Vietnam | 660.8 million | +24.4 | 1.87 billion | +35.7 |
Egypt | 503.2 million | +27.4 | 153.3 million | +25.2 |
Pakistan | 301.2 million | +1.6 | 427.3 million | +17.5 |
Italy | 280.0 million | +73.6 | 243.1 million | +17.0 |
Czech Rep. | 266.2 million | -7.4 | 7.07 million | +19.7 |
Bangladesh | 235.4 million | -0.6 | 712.8 million | +20.8 |
Indonesia | 166.1 million | +19.3 | 452.7 million | +53.2 |
Cambodia | 165.9 million | +35.0 | 493.0 million | +73.3 |
Malaysia | 163.1 million | -2.3 | 31.5 million | -5.7 |
Israel | 132.3 million | -38.0 | 21.9 million | +25.0 |
Korea | 120.8 million | -29.0 | 92.5 million | +7.3 |
Denmark | 107.4 million | +115 | 2.48 million | -33.0 |
Honduras | 90.4 million | +13.5 | 293.9 million | +22.6 |
Taiwan | 81.0 million | -20.0 | 77.2 million | +23.3 |
Canada | 73.3 million | -13.0 | 94.1 million | -3.8 |
It can be seen from the list that Pakistan’s apparel exports to the US were 301 square meter equivalent during this period compared with 235.4 million from Bangladesh. But the Pakistani exporters could fetch only $427.3 from this volume, the Bangladeshi exporters earned $712.8 million from 30 percent less volume. Pakistan must increase its value addition to earn more. Cambodia and Indonesia earned more than Pakistani exporters on almost half volume.