According to a report by Pakistan’s “The News” on September 10, since 2001, Pakistan’s share of the global textile market has dropped from 2.2% to 1.66%. In comparison, India’s share increased from 3.2% to 7.5%, and Bangladesh’s share increased from only 4% to 2.5 times Pakistan’s current share. Pakistan is gradually declining from its relative low position in the global textile industry.
Gohar Ejaz, chairman of the All Pakistan Textile Industry Association (Aptma), believes that the decline in Pakistan’s textile share is mainly due to the lack of government support. Ejaz said that all countries around the world have supportive policies for the textile industry. Developed countries impose higher import tariffs on textiles to protect domestic practitioners. The average tariff on textiles is three times that of other commodities. In addition to levying higher import tariffs on textiles, Ejaz said that developing countries In addition to high import tariffs, there are also various incentive policies and facilitation measures. After the global abolition of textile import quotas in 2005, Pakistan was considered by many academic institutions in the United Kingdom and the United States to have a favorable export position, but it was constantly surpassed by other competitors. Pakistan’s global textile market share declines