Textile exporters have regretted that prices of cotton, cotton yarn, electricity, gas, water, labour wages, port cost and transportation charges have skyrocketed in Pakistan and demanded government’s support in this regard.
In a statement on Tuesday, Pakistan Apparel Forum (PAF) Chairman Jawed Bilwani pointed out that the cost of these amenities and inputs were affordable in all other major textile exporting nations.
He lamented that cotton and cotton yarn were sold at exorbitant prices in Pakistan despite the fact that it is an agricultural country.
“Regardless of these issues, the textile exporters of Pakistan were able to export merchandise worth $15.4 billion during fiscal year 2020-21 owing to improvement over Covid-19 front coupled with exemption granted to the export-oriented sectors,” he said. Highlighting that the textile sector held over 60% share in the total exports, the official lamented that it still lacked the government’s attention.
Owing to low Covid-19 cases in Pakistan compared to other regional countries, the value-added textile exporters grabbed the opportunity and secured lofty export orders.