There are more than a 100 countries importing Pakistani textile products. Textiles make up 52 per cent of Pakistan’s total exports. Pakistani textile products that are exported include: cotton, cotton yarn, cotton cloth, articles of apparel and cloth, art silk and synthetic textile, tents and other canvas goods, bed wear and towels and knitwear.

The Pakistan textile exporting industry has received a bonanza from the government in the form of a duty drawback on customs duty paid on import of raw materials used in manufacture of textile products meant for export. The repayment of duty would be available on the export of 100 per cent cotton or blended polyester/cotton. The imported raw materials cover a range of inputs including enzyme, sodium persulphate, hydrogen peroxide.

The country’s textile and garment exports to the EU have risen on the back of the GSP Plus status. Pakistan is also negotiating to raise exports to EU in non-traditional sectors. The two sides also have decided to establish a dedicated energy dialogue to strengthen cooperation and exchange of information, leading to actual investment and funding of major energy projects.

Numerous opportunities are now presenting themselves to Pakistani exporters as a result of widespread trade negotiations with various countries and trading blocks.