Since the independence of Pakistan, its textile sector has been this country's "heart and soul." We will give you the price statistics of silk fabric export in Pakistan in the following. As mentioned, textile industry is the most important sector in Pakistan's manufacturing industry. During 2017-2018, exports of $3.5 billion accounted for 6.5% of the world's total cotton exports. In terms of the overall value of textile exports, Pakistan holds the ninth place in Asia. In the year 2020, the value of Pakistan's exports of the commodity group 50 "Silk" amounted to a total of $356 thousand dollars. When compared to 2019, Pakistani sales of goods falling under the category of commodity group 50 experienced a value-based reduction of 9.81%. The "Silk" commodity group's exports had a reduction of $38 thousand in 2019, bringing the total amount of "Silk" exports from Pakistan to $395 thousand for the year. The "Silk" commodity group made for 0.001% of total exports from Pakistan (cumulative merchandise exports from Pakistan totaled $ 22 billion in 2020), while silk only accounted for 0.001% of the total exports. Comparing 2019 to 2019, there was no change in the percentage of total exports from Pakistan that were comprised of the commodity group 50 (in 2019, this percentage was 0.001%, and cumulative exports from Pakistan were equal to $23 billion). The following will be the top export destinations for "Silk" from Pakistan in the year 2020:
- The United Arab Emirates contributed 45% (163,000 US dollars) of the total.
- With a market share of 27% (97 thousand US dollars), Korea
- The United Kingdom had a share of 6.15% of the total market (21 thousand US dollars).
- The United States of America, with a stake of 4.93% (17.6 thousand US$)
- Somalia contributed 16.3 thousand dollars, equaling 4.58% of the total.
- Saudi Arabia, accounting for 4.39% (15.6 thousand US dollars) of the total.
- A 3.8% portion (13.5 thousand US dollars) was held by Canada.
- 2.44 thousand dollars US for the Philippines
- Two thousand dollars come from Qatar.
- 2,000 USD for the island of Mauritius
The following is a list of the most important commodity groups that would constitute Pakistan's Silk export structure in the year 2020: 100 percent (356 thousand dollars): Fabrics that are woven and either made of silk or silk scraps. In the year 2020, Pakistan's imports of goods falling within the category of commodity group 50 "Silk" had a total value of $7.27 million. When compared to 2019, sales of commodity group 50 to Pakistan experienced a value reduction of 54 percent. Silk imports fell by $8.68 million in 2019, bringing the total value of Pakistan's silk imports to $15.9 million. In 2019, the value of imports to Pakistan from commodity group 50 was equivalent to $15.9 million. Silk constituted 0.015% of Pakistan's total import flow in 2020, when the country total imports totaled $45 billion. Imports from commodity group 50 "Silk" accounted for 0.015% of that flow. When compared to 2019, the proportion of total imports to Pakistan made up by the commodity group 50 declined by 0.015 percentage points. In 2019, this proportion was 0.031%, and the total value of all imports to Pakistan was $50 billion. Bangladesh was the 43rd greatest exporter of Raw Silk in the world, having shipped out a total of $11.5k worth of the commodity. Raw Silk ranked as Bangladesh 683rd most exported product in the same year it was produced there. Belgium is Bangladesh's most important market for raw silk exports, accounting for $11.5 thousand in revenue. Bangladesh became the 15th highest importer of Raw Silk in the world after importing a total of $1.48M worth of Raw Silk. During the same year, raw silk was ranked as the 764th most popular product imported into Bangladesh. China is the primary supplier of raw silk that Bangladesh imports ($1.48M worth). Nepal became the 53rd greatest importer of Raw Silk in the world in the year 2020, when it brought in a total of $4,96k worth of Raw Silk. During the same year, raw silk was ranked as the 1059th most popular product imported into Nepal. India is the primary supplier of raw silk that Nepal imports ($4.96k worth). According to the COMTRADE database on international trade maintained by the United Nations, the amount of money that Nepal earned from the exportation of silk in 2019 was $3,360. The data, historical chart, and statistics pertaining to Nepal Exports of Silk were most recently updated in the month of August 2022. Our company is prepared to provide silk cocoons, silk fabric and silk thread to customers and business owners around the globe. We have built trust with our customers by providing the best quality products we have to offer. Therefore, our cooperation has lasted for a long time. If you would like to gain more information about our products, do not hesitate to contact our consultants who are available 24/7 to answer all your questions.