[🇵🇰] Pakistan China Trade

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Source : https://www.gwadarpro.pk/1763148936636104706/pakistans-sports-products-export-to-china-surges-in-2023

Pakistan’s sports products export to China surges in 2023​

By Zafar Hussain | Gwadar Pro
Feb 29, 2024

BEIJING, Feb. 29 (Gwadar Pro) - The surge in Pakistan's exports of sports products to China in 2023 is mainly due to the growing demand in China for items such as basketball, football and volleyball. And the exports of these three items increased by around 31% in 2023, said Ghulam Qadir Trade and Investment Counsellor at the Pakistani Embassy in Beijing.

Ghulam Qadir said that this growth trend underscores the quality and competitiveness of Pakistan's sports products in the global market, particularly in the realm of athletic equipment. This surge also indicates potential opportunities for further expansion and collaboration between Pakistan and China in the sector.

“The city of Sialkot, which has a storied history as a hub for sports manufacturing, is recognized for supplying official match balls for prestigious global soccer tournaments. Pakistani’s basketball, football, and volleyball export to China in 2023 crossed $ 11.93 million whereas last year in the same period (January-December) it was only $ 9.13 million.

Similarly, the exports of the equipment for general physical exercise & gymnastics sports crossed $ 0.83 million. The overall sports related products export to China from Pakistan crossed $14.33 million in 2023,” he stated

 

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Pakistan's cotton export to China crosses $617 million in 2023

By Zafar Hussain | Gwadar Pro
Jan 8, 2024

BEIJING, (China Economic Net) – Experts in Pakistani cotton expressed optimism about the growth of the country's cotton sector and yarn exports to China and other countries, which are rising annually despite floods and other challenges.

According to the Pakistan Ministry of Commerce, sources said that as per the General Administration of Customs of the People's Republic of China (GACC), China imported more than $617.62 million worth of cotton yarn from Pakistan in the first eleven months of 2023. Uncombed single cotton yarn containing 85% or above, (commodity code 52051200) crossed $ 414.70 million from January – November of 2023.

Data further showed that cotton yarn (commodity code 52051100) crossed $195.097 million in the first eleven months of 2023, while last year in the same period it was $106.76 million. Uncombed cabled cotton yarn (commodity code 52053200) crossed $5.27 million from January to November 2023. In the first eleven months of 2023, more than 237964.907 tons of cotton yarn in the top three items were imported from Pakistan.

Sajjad Mazahir, General Manager of China Operations Keywin Trading Ltd, told China Economic Net that Cotton yarn exports from Pakistan to China are one of the very organized export sectors. Suppliers have built their brands and reputation over quality, pricing, and above all strong connections over the year.

He further said that Pakistan's local textile industry has been blessed with tremendous opportunities post flood with many sectors showing strong exports, denim, towels, home textiles, and made-ups. That situation has changed Pakistan's surplus exports to local consumption and the price quantities being exported to China is sliding gradually.