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All about Pakistan Export Import Data 2023
As per the Global Import Export Data of Pakistan, exports of the country are dominated by manpower export in the subcontinent, cotton textiles and apparel. Imports include petroleum and petroleum products, chemicals, fertilizers, capital goods consumer products and industrial raw materials.
As per the Pakistan Import Data, the main imports of the country in 2023 include Petroleum products, palm oil, natural gas, liquefied and petroleum crude. The main import partners of the country are China, United Arab Emirates, Indonesia and USA.
Pakistan remains a net importer of refined oil because of low capacity of domestic refineries to process crude oil. The total refining capacity of the country is 19 million tons and the capacity is not fully utilized because of non-up- gradation of refineries, technical and financial constraints. The country does not have enough oil to supply its own needs.
The country is also a key importer of natural gas and fuel oils used for power generation. The country started importing natural gas only six years ago and now its energy sector is dependent on imported fuel.
As per Pakistan Export Data, the main exports of the country in 2023 were knitwear, readymade garments, bed wear, and cotton cloth. The main export partners were United States, China, United Kingdom, United Arab Emirates and German.
Pakistan exports bed sheets to United States, Spain, and Italy. It is the third largest exporter of bed sheets in the world. The country has the second-best quality cotton in the world, sold for around 20% to 25% less in other Asian countries.
Pakistan’s bedwear industry contributes to Pakistan industry in general and to its textile industry output and exports in particular. However, the value of textile garments exports from Pakistan reduced by 5.10% in July to November 2022.
The country also earned $7.361 billion from textile and apparel exports in 2022. The ready-made garments exports from Pakistan increased by 25.53% to $19.329 billion over $15.399 billion in previous fiscal.
Wrap UP
When planning to do import export business with Pakistan, it is imperative to collaborate with a professional data service provider who will table authentic, real-time and accurate data-based information that will help you get the larger picture about the trade scenario of the country and help you make informed business decisions.
The data also provide details about the competitors and their moves, this will further help importers and exporters of Pakistan to know their competitors and strategize their plans accordingly.
Export-Import Pakistan 2023: Trends and Key Procedures
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cleverhottubmiracle · 14 days ago
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The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link
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norajworld · 14 days ago
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The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link
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chilimili212 · 14 days ago
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The recent imposition of a 125 per cent tariff increase on Chinese textile and apparel products by the United States marks a significant turning point in global trade dynamics. In textile and apparel products, the tariff is likely to disrupt China’s price advantage, with potential gains for Vietnam, Bangladesh, and other nations with established trade ties with the US.President Donald Trump’s recent decision to impose, effective April 10, a sweeping 125 per cent tariff on Chinese textile and apparel imports—compared to a mere 10 per cent duty on comparable goods from all other countries—has severely undermined China’s price competitiveness in the US market. This enormous tariff disparity makes Chinese products vastly more expensive than those of other suppliers, effectively pricing many Chinese goods out of contention. US importers are expected to respond by shifting orders to alternative sourcing markets to avoid the exorbitant costs, especially favouring suppliers in low-cost manufacturing countries with well-established trade ties to the United States.The imposition of a 125 per cent US tariff on Chinese apparel significantly undermines China's pricing advantage, causing importers to seek alternative sources. Countries like Vietnam, Bangladesh, and Indonesia stand to gain notably across multiple apparel categories. This trade shift presents substantial opportunities for nations with robust apparel manufacturing sectors and established trade with US. Figure 1 Source: TexProIn 2024, the United States imported apparel worth $72.99 billion from its top 15 exporting partners, accounting for approximately 87.2 per cent of its total apparel imports. China remained the leading exporter with $18.39 billion, representing 22 per cent of the market share, followed closely by Vietnam at $15.33 billion (18 per cent) and Bangladesh at $7.40 billion (9 per cent). India ranked fourth with $4.93 billion (6 per cent), showcasing its growing influence in the global apparel trade. Other significant contributors included Indonesia, Cambodia, and several Central American nations, reflecting the diversified sourcing strategy of the US apparel industry.Impact on apparel productsFibre2Fashion examines the potential impact on key apparel categories—such as jerseys, trousers, hosiery, and undergarments—among China’s top exports to the US. The imposition of steep tariffs on these products is likely to significantly drive up the cost of Chinese goods in the US market, undermining one of China’s main competitive advantages: low pricing. As China grapples with this substantial setback, countries with lower tariff exposure (around 10 per cent), robust manufacturing capabilities, and well-established trade relationships with the US are well positioned to gain from the resulting shift in sourcing strategies. Table 1: US’ top 15 apparel imports (6-digit HS code) from China, total export values, competitors, initial and new tariff rates and tariff comparison in % Source: TexProThe recent imposition of substantial tariffs by the United States on Chinese textile and apparel imports has significantly altered global trade dynamics, particularly affecting China’s competitiveness in the US market. This shift presents opportunities for other manufacturing countries to capture increased market share across various product categories. Below is an analysis of the impact on specific apparel segments:1. Hosiery (HS 611596) 2024 US Import Data: Total imports were valued at $1,532.77 million, with China contributing $1,095.28 million. Tariff Impact: An 849 per cent tariff increase on Chinese hosiery has made these products considerably more expensive. Beneficiary Countries: Vietnam, Pakistan, and El Salvador are poised to benefit. Vietnam, with its robust hosiery manufacturing infrastructure and competitive pricing, is particularly well positioned to capture a larger market share.2. Cotton Pullovers and Cardigans (HS 611020) 2024 US Import Data: Total imports stood at $7,411.20 million, with China accounting for $1,043.15 million. Tariff Impact: A 1,263 per cent tariff increase on Chinese imports creates opportunities for other suppliers. Beneficiary Countries: Vietnam, Cambodia, and Bangladesh are likely to gain. Vietnam’s established cotton garment industry positions it to capture a significant share, while Cambodia and Bangladesh offer cost advantages that appeal to US buyers.3. Man-Made Fibre Pullovers (HS 611030) 2024 US Import Data: Imports totalled $4,837.28 million, with China contributing $995.51 million. Tariff Impact: A 916 per cent tariff increase on Chinese products affects sourcing decisions. Beneficiary Countries: Vietnam, Honduras, and Indonesia stand to benefit. Vietnam’s strong synthetic garment manufacturing base makes it a primary alternative, while Honduras and El Salvador can also attract buyers seeking competitive pricing.4. Women’s Cotton Trousers and Shorts (HS 620462) 2024 US Import Data: Total imports were $4,011.92 million, with China supplying $674.59 million. Tariff Impact: A 1,606 per cent tariff increase on Chinese goods shifts demand. Beneficiary Countries: Bangladesh, Vietnam, and Pakistan are well positioned. Bangladesh’s low-cost manufacturing is particularly attractive, while Vietnam’s advanced production capabilities also make it a strong contender.5. Brassieres (HS 621210) 2024 US Import Data: Imports amounted to $2,119.78 million, with China providing $579.47 million. Tariff Impact: A 1,311 per cent tariff hike on Chinese brassieres alters market dynamics. Beneficiary Countries: Vietnam, Indonesia, and Sri Lanka are set to gain. Vietnam, already a leader in undergarments, is expected to see the most significant increase in demand, with Indonesia and Sri Lanka also capturing portions of the market.6. Synthetic Fibre Dresses (HS 620443) 2024 US Import Data: Total imports were $1,131.78 million, with China accounting for $511.95 million. Tariff Impact: A 1,115 per cent tariff increase on Chinese dresses impacts sourcing. Beneficiary Countries: Vietnam, India, and Indonesia are likely to benefit. Vietnam’s strong position in synthetic apparel makes it the prime beneficiary, while India and Indonesia offer competitive pricing that appeals to US importers.7. Gloves and Mittens (HS 611610) 2024 US Import Data: Imports totalled $852.01 million, with China supplying $502.45 million. Tariff Impact: A 1,261 per cent tariff hike on Chinese gloves and mittens affects cost structures. Beneficiary Countries: Sri Lanka, Vietnam, and Pakistan stand to gain. Sri Lanka’s specialised focus on glove manufacturing positions it to see the greatest increase in demand, while Vietnam and Pakistan offer efficient manufacturing processes that attract buyers.8. Women’s Overcoats (HS 620240) 2024 US Import Data: Total imports were $1,346.76 million, with China contributing $456.27 million. Tariff Impact: A 991 per cent tariff increase on Chinese overcoats shifts sourcing preferences. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia are well positioned. Vietnam’s strong garment export sector is expected to dominate, while Bangladesh and Indonesia can capture market share due to their competitive prices.9. Nightdresses and Pyjamas (HS 610832) 2024 US Import Data: Imports amounted to $894.75 million, with China providing $446.52 million. Tariff Impact: An 881 per cent tariff hike on Chinese products influences market dynamics. Beneficiary Countries: Vietnam, Cambodia, and Sri Lanka are poised to benefit. Vietnam’s dominant position in sleepwear makes it the primary beneficiary, with Cambodia and Sri Lanka also positioned to capture additional demand.10. Men’s Overcoats (HS 620140) 2024 US Import Data: Total imports were valued at $1,466.97 million, with China supplying $440.03 million. Tariff Impact: A 991 per cent tariff increase on Chinese men's overcoats affects sourcing strategies. Beneficiary Countries: Vietnam, Bangladesh, and Indonesia stand to gain. Vietnam is poised to capture a significant share due to its established export network, while Bangladesh and Indonesia offer competitive alternatives.11. Sporting Apparel (HS 611430) 2024 US Import Data: The United States imported sporting apparel valued at approximately $1.02 billion, with China supplying about $404 million. Tariff Impact: The US has imposed a 599 per cent tariff increase on Chinese sporting apparel, significantly raising the cost of these imports. Potential Beneficiaries: Vietnam, Indonesia, and Cambodia are positioned to benefit from this development. Vietnam, with its efficient manufacturing capabilities and robust apparel sector, stands to gain the most. Indonesia and Cambodia may also capture market share in specific niches within the sporting apparel segment.12. Men’s Synthetic Trousers (HS 620343) 2024 US Import Data: The US imported men's synthetic trousers worth approximately $2.3 billion in 2024, with China accounting for around $377 million. Tariff Impact: A 1,190 per cent tariff increase on Chinese imports in this category has been implemented. Potential Beneficiaries: Bangladesh, Vietnam, and Indonesia are likely to benefit. Bangladesh, with its large-scale production capacity, is well positioned to capture a significant portion of the market. Vietnam and Indonesia also stand to gain due to their established manufacturing infrastructures and competitive pricing.13. Luxury Cashmere Garments (HS 611012) 2024 US Import Data: Luxury cashmere garment imports to the US were valued at approximately $512 million, with China supplying about $354 million. Tariff Impact: The US has imposed a 1,350 per cent tariff hike on Chinese luxury cashmere products. Potential Beneficiaries: Italy, Vietnam, and other European manufacturers are set to benefit. Italy, renowned for its luxury textiles and craftsmanship, is likely to see the most significant gain. Vietnam may also benefit from increased demand for mid-range cashmere products, leveraging its growing expertise in garment manufacturing.14. Felt and Nonwoven Garments (HS 621010) 2024 US Import Data: The US imported felt and nonwoven garments valued at approximately $913 million in 2024, with China contributing around $336 million. Tariff Impact: A 1,933 per cent tariff increase on Chinese imports in this category has been enacted. Potential Beneficiaries: Mexico, Honduras, and Vietnam are well positioned to absorb the shift in sourcing. Mexico, with its proximity to the US and favourable trade agreements, stands to gain significantly. Vietnam and Honduras can also benefit due to their established garment industries and competitive production costs.15. Cotton T-Shirts and Vests (HS 610910) 2024 US Import Data: In 2024, US imports of cotton T-shirts and vests totalled approximately $4.94 billion, with China supplying about $311 million. Tariff Impact: An 858 per cent tariff increase on Chinese products in this category has been imposed. Potential Beneficiaries: Vietnam, Bangladesh, and Honduras are poised to benefit. Vietnam, with its efficient supply chains and competitive pricing, is the key beneficiary. Bangladesh and Honduras are also expected to capture additional market share due to their cost-effective manufacturing capabilities and established export relationships with the US.These tariff adjustments are prompting US importers to diversify their sourcing strategies, leading to a realignment of global supply chains in the textile and apparel industry. Countries with competitive manufacturing sectors and favourable trade relations with the US are well positioned to capitalise on these changes.      Fibre2Fashion News Desk (NS) Source link
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eximtradedata01 · 1 month ago
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Information on Pakistan Import Export Trade Data at Exim Trade Data
Looking for Pakistan import-export trade data? Exim trade data offers a reliable and up-to-date international export-import database to help businesses analyze Pakistan trade trends and import-export statistics and Pakistan shipments Data details. Our comprehensive trade intelligence covers Pakistan's import-export trade data, HS codes, and port details.
With Pakistan import data, you can track major imported commodities, top importers and suppliers, buyer data, and customs data. Our Pakistan export data provides insights into top exported products, key exporters, and market trends. This data is essential for manufacturers, trades, and researchers looking to expand their business in Pakistan.
Whether your an importer from Pakistan or an exporter looking for new markets, our data-driven insights optimize your supply chain and reduce trade risks. Exim trade data ensures businesses stay ahead with the latest trade intelligence.
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paktradedata · 1 year ago
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Navigating the Salt of the Earth with Pakistan Salt Export Data
In the realm of international trade, precision is key. For businesses venturing into the salt industry, understanding market dynamics is crucial. This is where Pakistan Salt Export Data steps in as a strategic tool, offering insights that go beyond mere statistics.
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eximpedia1 · 1 year ago
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Pakistan Import Export Data
Eximpedia provides Pakistan Import Export Data which enables high-quality leads generation to meet your business goals. Get premium industry-standard Pakistan import-export data online, verified by our industry professionals at Eximpedia, and enable your business with data-driven insights.
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news365timesindia · 3 months ago
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[ad_1] Sustainability, poultry modernization, feed costs optimization and animal nutrition took center stage at the U.S. Soybean Export Council (USSEC)’s signature Chickenomics event in Kathmandu, Nepal.    Kyle Durham, Director, United Soybean Board (USB) and Dennis Fujan, Director, American Soybean Association (ASA) in a panel discussion with USSEC’s Regional Director, Kevin Roepke South Asia’s poultry industry continues to show a preference for U.S. Soy, using it as a key feed ingredient. With its high energy and protein levels, U.S. Soy consistently provides superior quality while lowering feed costs and improving profitability. This event comes at the opportune time as U.S. Soy’s prices are competitive in the global marketplace. U.S. Soy has achieved some significant milestones in the region in recent months. Pakistan reopened trade after a two-year pause easing market access. In Nepal, key poultry producer Valley Group has signed on to use the “Fed with Sustainable U.S. Soy” label on its packaging, underscoring the value it places on sustainability. According to data from USDA, U.S. soybean imports to Bangladesh are up by 36.2% compared to last year. India also has 111,500 MMT of outstanding sales for U.S. soybean oil reflecting U.S. Soy’s growing presence in the region. Commenting on this surge in U.S. Soy imports, Kevin Roepke, USSEC’s Regional Director for South Asia and Sub-Saharan Africa (SAASSA) added, “2025 has started strong for U.S. Soy. We are grateful for our customers across the region who recognize the potential that U.S. Soy holds in advancing the region’s food and nutrition security. We are confident that this will be a turning point in strengthening our partnerships with the industry.” While speaking at the event, U.S. Soybean farmers Dennis Fujan, Director, American Soybean Association (ASA) and Kyle Durham, Director, United Soybean Board (USB) highlighted their sustainable farming practices. Sustainability remains a key differentiator for U.S. Soy, which has the lowest carbon footprint compared to soy from other origins.  Reflecting on his time in Nepal, Durham also added, “While I’ve had the privilege of hosting delegations from South Asia’s poultry industry at my U.S. Soybean farm in Missouri, it is incredible to be here in the region and meet our customers firsthand. I’m inspired by the insights and the things I’ve learned from the people I’ve met here.”  USSEC continues to partner with South Asia’s poultry industry to unlock its profit potential.    !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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news365times · 3 months ago
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[ad_1] Sustainability, poultry modernization, feed costs optimization and animal nutrition took center stage at the U.S. Soybean Export Council (USSEC)’s signature Chickenomics event in Kathmandu, Nepal.    Kyle Durham, Director, United Soybean Board (USB) and Dennis Fujan, Director, American Soybean Association (ASA) in a panel discussion with USSEC’s Regional Director, Kevin Roepke South Asia’s poultry industry continues to show a preference for U.S. Soy, using it as a key feed ingredient. With its high energy and protein levels, U.S. Soy consistently provides superior quality while lowering feed costs and improving profitability. This event comes at the opportune time as U.S. Soy’s prices are competitive in the global marketplace. U.S. Soy has achieved some significant milestones in the region in recent months. Pakistan reopened trade after a two-year pause easing market access. In Nepal, key poultry producer Valley Group has signed on to use the “Fed with Sustainable U.S. Soy” label on its packaging, underscoring the value it places on sustainability. According to data from USDA, U.S. soybean imports to Bangladesh are up by 36.2% compared to last year. India also has 111,500 MMT of outstanding sales for U.S. soybean oil reflecting U.S. Soy’s growing presence in the region. Commenting on this surge in U.S. Soy imports, Kevin Roepke, USSEC’s Regional Director for South Asia and Sub-Saharan Africa (SAASSA) added, “2025 has started strong for U.S. Soy. We are grateful for our customers across the region who recognize the potential that U.S. Soy holds in advancing the region’s food and nutrition security. We are confident that this will be a turning point in strengthening our partnerships with the industry.” While speaking at the event, U.S. Soybean farmers Dennis Fujan, Director, American Soybean Association (ASA) and Kyle Durham, Director, United Soybean Board (USB) highlighted their sustainable farming practices. Sustainability remains a key differentiator for U.S. Soy, which has the lowest carbon footprint compared to soy from other origins.  Reflecting on his time in Nepal, Durham also added, “While I’ve had the privilege of hosting delegations from South Asia’s poultry industry at my U.S. Soybean farm in Missouri, it is incredible to be here in the region and meet our customers firsthand. I’m inspired by the insights and the things I’ve learned from the people I’ve met here.”  USSEC continues to partner with South Asia’s poultry industry to unlock its profit potential.    !function(f,b,e,v,n,t,s) if(f.fbq)return;n=f.fbq=function()n.callMethod? n.callMethod.apply(n,arguments):n.queue.push(arguments); if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0'; n.queue=[];t=b.createElement(e);t.async=!0; t.src=v;s=b.getElementsByTagName(e)[0]; s.parentNode.insertBefore(t,s)(window,document,'script', 'https://connect.facebook.net/en_US/fbevents.js'); fbq('init', '311356416665414'); fbq('track', 'PageView'); [ad_2] Source link
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naveenkumarsin32 · 4 months ago
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Pakistan Import Export Data | Global import export data provider
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Exim Trade data is the most trusted Global import export data provider company in the world. We are supplying the Pakistan Import Export Data in a properly customized manner with visual graphs for a better understanding of the data. You can explore the sample import export data of Pakistan by clicking the link.  -   https://eximtradedata.com/pakistan-import-export-data
More information about: https://globalimportexportdataprovider.blogspot.com/2024/11/rice-export-from-pakistan-overview-for.html 
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exportimportdata13 · 4 months ago
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Exploring Spice Imports in Malaysia: A Detailed Overview
Malaysia, known for its vibrant culinary traditions, has a significant and growing demand for spices. While the country produces spices domestically, it still relies heavily on imports to cater to its increasing consumption. In this article, we will delve into the details of spice importers in Malaysia, explore the Malaysian spices list, and discuss the role of import-export platforms like Export Import Data Provider in facilitating trade.
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The Rising Demand for Spices in Malaysia
Malaysia's culinary diversity is unmatched, with each dish requiring a medley of spices for authentic flavor. Black peppercorn, chilli powder, cinnamon, cumin, ginger, cloves, and star anise are just a few examples from the extensive Malaysian spices list. It's no surprise that, by 2023, Malaysia became the 11th largest consumer of spices globally.
The demand for spices has been fueled by several factors:
Increased Home Cooking: Post-pandemic, more Malaysians are cooking at home, leading to a rise in the consumption of spices and seasonings.
Food Processing Sector: Spices are essential in processed goods for flavor enhancement and preservation. Malaysia's growing food processing industry significantly contributes to spice demand.
Population Growth and Preferences: With a population that appreciates bold flavors, the spice market continues to thrive.
Spice Import Trends in Malaysia
Despite its domestic production, Malaysia imports large quantities of spices to meet its needs. According to Export Import Data, Malaysia imported approximately 400 shipments of spices between March 2023 and February 2024. This marked a 27% increase compared to the previous year.
Key suppliers include India, Vietnam, and Pakistan, with Indian spices importers in Malaysia playing a crucial role. In 2022–23 alone, Malaysia imported black pepper worth $167 million, highlighting its significant demand for this versatile spice. Other notable items in the Malaysia spices importers list include:
Chillies and chilli powders
Turmeric
Coriander
Cumin
Cinnamon
Cloves
Cardamom
Top Spice Importers in Malaysia
The success of Malaysia's spice trade lies in the hands of reliable spice importers in Malaysia. Below are the top importers of spices who ensure a steady supply to meet domestic demands:
Riders Co. Inc. Known for importing high-quality spices, including 5 spice powder, Riders Co. Inc. caters to Malaysia's culinary needs with a focus on authenticity.
Redza Mokhtar Enterprise Specializing in premium spices, this importer is trusted by retailers for providing top-quality products from the Malaysian spices list.
HK Spice Company Located in Kuala Lumpur, HK Spice Company stands out for its variety of exotic spices and efficient distribution network.
Sai Tech Sai Tech focuses on importing genuine Indian and Asian spices, offering Malaysians traditional flavors at affordable prices.
RTS Maju Global Trading Known for its robust portfolio, RTS Maju supplies black pepper and other essential spices across Malaysia.
World Prominence Sdn Bhd This importer excels in sourcing unique spices and maintaining strict quality standards.
Redruby Trading Specializing in imports from Sri Lanka and India, Redruby Trading is dedicated to freshness and authenticity.
Syarikat Rempah Jayasakti Sdn Bhd With a long history in the spice trade, this company provides premium spices to both households and businesses in Malaysia.
Middle People Management And Services Renowned for importing specialty items like black pepper, this importer ensures reliable delivery and quality.
Triomas Holdings Sdn Bhd As one of Malaysia’s leading importers, Triomas Holdings focuses on sustainable sourcing and consistent quality.
For a comprehensive Malaysia spices importers list, platforms like Export Import Data offer detailed insights.
The Role of Export Import Data in Trade
Reliable trade platforms are essential for businesses looking to connect with Malaysia spices buyers. Platforms like Export Import Data and are invaluable resources for obtaining accurate trade statistics, including shipment data and buyer information.
These platforms offer:
Comprehensive Insights: Data on the volume and value of spice imports, including black pepper and other spices.
Buyer and Supplier Directories: Listings of active importers and exporters for seamless business connections.
Market Trends: Access to Exim data to understand market dynamics and make informed decisions.
Exportimportdata.in, a leading Import Export Data Provider, provides detailed shipment data for over 100 countries, including Malaysia. Businesses can use this platform to filter trade data and gain actionable insights.
Malaysia's Global Standing in Spice Imports
Malaysia is a key player in the global spice trade, ranking as the 13th largest importer in 2022-23. While the UAE, Japan, and Saudi Arabia dominate global spice imports, Malaysia holds its position as a major consumer, accounting for 2.35% of the world’s total imports.
The influence of Indian cuisine and the popularity of spicy flavors in Malaysia underscore the importance of Indian spices importers in Malaysia. These importers ensure a consistent supply of turmeric, cumin, and other essential spices.
Final Thoughts
The spice trade in Malaysia is thriving, driven by culinary diversity and a growing food industry. Spice importers in Malaysia, including key players like Riders Co. Inc. and HK Spice Company, play a vital role in meeting the nation's demand.
With the support of platforms like Export Import Data Provider, businesses can access valuable Exim data to identify opportunities in the spice market. Whether you’re exploring the or looking for reliable importers of spices, these platforms offer unmatched insights and connectivity.
To learn more about Malaysia's spice imports or gain access to detailed shipment data, visit Exportimportdata.in today.
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seairexport · 5 months ago
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Understanding Pakistan Importer Data: A Key Resource For Businesses in Pakistan
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Introduction to Pakistan Importer Data
In the dynamic world of global trade, data is an invaluable asset, providing businesses with insights to make informed decisions. For companies involved in imports and exports, particularly within Pakistan, Pakistan importer data is essential. This data includes detailed records of goods imported into the country, including critical information such as the type of products, their quantities, prices, and origins. Leveraging Pakistan import data effectively can enable businesses to understand market trends, monitor competitor activities, and enhance their operational strategies.
In this article, we’ll explore the significance of Pakistan importer data, its structure, sources, and how it can serve as a strategic tool for businesses aiming to succeed in a competitive global market.
What is Pakistan Importer Data?
Pakistan Importer Data is a comprehensive collection of records on products imported into Pakistan. Compiled and maintained by Pakistan’s customs authorities, this data offers essential details like product categories, quantities, prices, and the names of importers and exporters. This data is an essential resource for trade professionals, economists, and businesses looking to gain insight into Pakistan’s import market.
The data often contains critical information such as Harmonized System (HS) codes that classify products, import costs, and details of trading companies, making it a valuable resource for identifying market demand, tracking pricing trends, and assessing import patterns in Pakistan.
The Importance of Pakistan Import Data for Businesses
Pakistan import data is an indispensable tool for businesses operating in Pakistan’s trade environment. It helps organizations develop well-informed strategies by providing insights into:
Market Demand and Trends: By understanding what products are being imported in high volumes, businesses can identify opportunities and gaps in the market.
Competitive Analysis: Monitoring competitors’ import volumes and origins helps companies adjust their strategies accordingly.
Cost Optimization: With data on import prices, businesses can benchmark and adjust their pricing strategies for profitability.
Risk Mitigation: Import data provides valuable insights into economic trends, helping companies prepare for fluctuations in the market.
This data is particularly useful for companies looking to explore new markets, develop supply chains, and mitigate risks associated with currency fluctuations or trade regulations.
What is Included in Pakistan Importer Data?
Pakistan importer data typically includes a variety of details, each serving a specific purpose for businesses and analysts:
HS Codes: These are standardized codes used internationally to classify traded products, which makes it easier to analyze imports by category.
Product Descriptions: A description of the imported items, enabling businesses to distinguish between different product types and specifications.
Importer and Exporter Names: Names of businesses and organizations involved in the transaction, which helps in identifying potential partners or competitors.
Pricing Details: Import prices, which provide insights into cost structures for imported products.
Quantity and Volume: Information on the volume of imports, indicating the supply levels and demand for certain goods.
Country of Origin: The origin country for each imported product, helping businesses identify reliable and cost-effective suppliers.
Each of these data points provides unique value, helping companies make informed choices in areas like pricing, sourcing, and market targeting.
How to Access Pakistan Trade Data
Accessing Pakistan Trade Data is straightforward, though it may involve specific steps depending on the depth of information required. Here are a few common ways to access this data:
Government Sources: Pakistan’s customs authorities and the Federal Board of Revenue (FBR) offer limited access to trade data through official channels. These sources provide data for public use, though it may not be as comprehensive as some businesses require.
Third-Party Data Providers: Specialized companies aggregate and organize trade data, making it available through subscription-based services. These providers typically offer well-organized and searchable data, which is useful for businesses needing detailed insights.
Customs Publications and Reports: Pakistan’s customs department occasionally publishes trade reports containing summaries of import data. These can be valuable for obtaining a snapshot of Pakistan’s trade activities over specific periods.
Each option has its advantages and limitations, but third-party data providers often offer the most accessible and comprehensive data for businesses seeking a competitive edge.
How Pakistan Import Data Supports Competitive Analysis
One of the key uses of Pakistan import data is in competitive analysis. Businesses can analyze this data to gain insights into their competitors’ import patterns, which can reveal information about:
Product Sourcing: Knowing where competitors are sourcing their products helps companies evaluate alternative suppliers or develop unique selling propositions.
Market Positioning: Understanding the volume and types of products competitors import can help a business position its products more effectively.
Pricing Strategies: By analyzing import costs, companies can adjust their pricing strategies to remain competitive without sacrificing profitability.
Competitive analysis using import data helps businesses respond proactively to changes in the market, adapting strategies as new trends emerge.
Benefits of Pakistan Customs Data for Compliance and Transparency
Pakistan Customs Data plays an essential role in ensuring compliance with trade regulations. This data includes details about tariffs, taxes, and required documentation, helping businesses stay within legal frameworks and avoid penalties. Here’s how customs data supports compliance:
Duties and Taxes: Customs data provides information on applicable duties and taxes, enabling businesses to plan their budgets accurately.
Documentation Requirements: Knowing what paperwork is needed for specific products streamlines the import process and reduces the likelihood of delays.
Legal Compliance: Access to updated customs data helps businesses remain compliant with new regulations, reducing the risk of fines or shipment complications.
For businesses looking to avoid compliance issues, customs data provides transparency in costs and requirements, simplifying the import process and improving operational efficiency.
How Can Import Data Pakistan Aid in Supply Chain Optimization?
For companies relying on imports, Import Data Pakistan is crucial for efficient supply chain management. This data provides insights into potential suppliers, sourcing countries, and import costs, which can help businesses optimize their supply chains in the following ways:
Supplier Selection: Historical data helps businesses evaluate the reliability of suppliers, enabling them to choose partners with a track record of quality and timely delivery.
Cost-Effective Sourcing: Import data reveals pricing trends, allowing businesses to negotiate better rates or shift to more affordable suppliers.
Inventory Management: By understanding demand patterns, businesses can plan their inventories more effectively, avoiding overstocking or stockouts.
With access to accurate import data, businesses can enhance their supply chain efficiency, reduce costs, and maintain a stable inventory to meet market demand.
How Pakistan Import Data Helps Small Businesses Enter the Market
For small and medium-sized enterprises (SMEs), access to Pakistan import data can open doors to market opportunities that would otherwise be challenging to discover. Here’s how SMEs can leverage this data:
Identifying Niche Markets: Import data helps SMEs identify underserved markets, providing a competitive advantage in niches with less competition.
Setting Competitive Prices: With insights into market pricing, small businesses can set prices that attract customers while maintaining profit margins.
Building Strategic Partnerships: By identifying active importers and exporters, SMEs can establish partnerships that provide stability and growth potential.
Using import data allows small businesses to understand market dynamics without the large budgets of bigger companies, giving them a chance to compete effectively.
Challenges in Using Pakistan Import Data
While Pakistan import data offers numerous advantages, it also comes with certain challenges:
Data Accessibility: Comprehensive import data may require subscriptions or fees, making it costly for some businesses.
Accuracy and Timeliness: Discrepancies in data, or delays in data updates, can impact the reliability of business decisions.
Data Volume and Complexity: Handling large volumes of data can be challenging, particularly for businesses lacking analytical tools or expertise.
Despite these challenges, the benefits of using import data in Pakistan far outweigh the drawbacks, especially for companies able to invest in high-quality data services.
Conclusion
Pakistan importer data serves as a powerful tool for businesses engaged in international trade, offering insights into market trends, competitor strategies, and pricing information. By utilizing this data, companies in Pakistan can gain a competitive edge, ensuring that their decisions are well-informed and strategically aligned with market needs.
For businesses, import data not only enhances operational efficiency but also helps in optimizing supply chains, managing compliance, and understanding market dynamics. Whether for large corporations or SMEs, access to reliable trade data is an asset that can drive growth, improve profitability, and secure long-term success in Pakistan’s import market.
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exportimportdata-blogs · 7 months ago
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How Is Mustard Oil Export from India Impacting Global Markets?
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What Is Mustard Oil Export from India?
Mustard oil export from India refers to the international trade of mustard oil produced within the country. As one of the leading mustard oil exporters in the world, India plays a pivotal role in meeting global demand for this essential cooking oil. Mustard oil is not only popular for its rich flavor but also for its numerous health benefits, making it a sought-after commodity in many parts of the world. In this article, we will explore various aspects of mustard oil export, including its export data, major markets, and how India’s role as the largest exporter of mustard oil impacts the global trade landscape.
Why Is Mustard Oil Export from India Growing?
India’s mustard oil export has been on a steady rise in recent years, and several factors contribute to this growth. One of the primary reasons is the country’s large production capacity, thanks to the vast agricultural land dedicated to mustard seed cultivation. Additionally, the growing awareness of the health benefits of mustard oil has led to increased demand in countries where it was previously underutilized.
Mustard oil is rich in healthy fats like omega-3 and omega-6, which are known to support heart health and lower cholesterol levels. As global consumers become more health-conscious, mustard oil is gaining popularity as a healthier alternative to other cooking oils. This trend is reflected in the rising export of mustard oil from India, as countries look to import high-quality mustard oil for both culinary and medicinal purposes.
What Does Mustard Oil Export Data from India Reveal?
Mustard oil export data from India provides valuable insights into the performance of the mustard oil trade over the years. The data includes information on the volume of exports, the value generated, and the countries that import the most mustard oil. According to the latest mustard oil export data from India, there has been a consistent increase in both the quantity and value of mustard oil exports. The data highlights:
Export Growth: India has seen a steady rise in mustard oil exports, driven by increasing demand in international markets.
Key Markets: Countries like the United States, Bangladesh, Nepal, and the UAE are among the top importers of Indian mustard oil.
Revenue Generation: The mustard oil export industry has become a significant contributor to India’s export revenues, boosting the agricultural and processing sectors.
By analyzing mustard oil export data, businesses and policymakers can make informed decisions about production, pricing, and market expansion.
Which Countries Import the Most Mustard Oil from India?
India’s mustard oil is exported to several countries across the globe. The major mustard oil importing countries have diverse needs, ranging from culinary uses to industrial and medicinal applications. Some of the largest mustard oil importing nations include:
United States: With a growing South Asian population and increased awareness of mustard oil’s health benefits, the U.S. has become one of the largest markets for mustard oil from India.
Bangladesh and Nepal: These neighboring countries have long been traditional consumers of mustard oil, with cultural and culinary preferences driving strong demand.
United Arab Emirates: The UAE serves as a hub for re-exports to other Middle Eastern countries, making it an important destination for India’s mustard oil exports.
These countries play a crucial role in sustaining the growth of mustard oil export from India, ensuring a steady demand for Indian mustard oil in global markets.
How Does India Compare to Other Mustard Oil Exporting Countries?
When comparing India to other mustard oil exporting countries, India stands out as the largest exporter of mustard oil. However, it faces competition from other mustard oil-producing nations such as:
Pakistan: Like India, Pakistan has a strong mustard seed cultivation base, and it also exports mustard oil to several international markets.
Bangladesh: While primarily an importer of mustard oil, Bangladesh also exports smaller quantities of mustard oil, particularly to regional markets.
Ukraine: Although more focused on mustard seeds, Ukraine is emerging as a competitor in the mustard oil export market, particularly in Europe.
Despite the competition, India remains the dominant player in the global mustard oil trade due to its extensive production capabilities and well-established trade relationships with key markets.
What Challenges Do Mustard Oil Exporters from India Face?
Despite India’s position as the largest exporter of mustard oil, there are several challenges that mustard oil exporters face. These challenges can impact the efficiency and profitability of the mustard oil export industry. Some of the key challenges include:
Fluctuating Raw Material Prices: The cost of mustard seeds can fluctuate due to factors like weather conditions and market demand, making it difficult for exporters to maintain stable pricing.
International Trade Regulations: Mustard oil exporters must comply with various international trade regulations and quality standards, which can be time-consuming and costly.
Logistics and Transportation: Ensuring timely delivery of mustard oil to international markets requires efficient logistics and transportation networks, which can be challenging in certain regions.
Addressing these challenges is essential for sustaining the growth of mustard oil export from India and maintaining India’s competitive edge in the global market.
How Do Mustard Oil Exporters Ensure Quality?
Quality is a crucial factor for mustard oil exporters from India, as international markets demand high standards for food products. To ensure the quality of mustard oil, exporters adhere to several practices:
Strict Quality Control: Mustard oil undergoes rigorous testing for purity, flavor, and freshness to ensure that it meets both domestic and international standards.
Adherence to Global Standards: Indian mustard oil exporters comply with international food safety standards, including those set by the Food Safety and Standards Authority of India (FSSAI) and the International Organization for Standardization (ISO).
Sustainable Farming: Many mustard oil producers in India focus on sustainable farming practices, ensuring that mustard seeds are grown without harmful chemicals or pesticides, thus preserving the natural integrity of the oil.
By maintaining high quality, Indian mustard oil exporters are able to build trust with international buyers and secure long-term contracts.
What Role Does Technology Play in Mustard Oil Export from India?
The role of technology in mustard oil export from India cannot be understated. With advancements in processing techniques and logistics, mustard oil exporters are able to improve the efficiency of their operations and meet growing demand. Key technological advancements that have contributed to the growth of mustard oil export include:
Modern Processing Plants: Many exporters have invested in state-of-the-art processing facilities that allow for the extraction of mustard oil with higher purity and better preservation of its natural nutrients.
Advanced Packaging Solutions: Exporters use innovative packaging methods that extend the shelf life of mustard oil and preserve its quality during long-distance transportation.
Data Analytics: By analyzing mustard oil export data from India, exporters can identify trends and optimize their production to match global demand.
Technology plays a vital role in ensuring that Indian mustard oil maintains its competitive edge in international markets.
What Is the Future of Mustard Oil Export from India?
The future of mustard oil export from India looks promising, with several factors contributing to its continued growth. Global demand for mustard oil is expected to rise as consumers become more health-conscious and seek out natural, nutrient-rich cooking oils. Additionally, India’s robust mustard seed cultivation base ensures a steady supply of raw materials for processing.
To capitalize on future opportunities, mustard oil exporters in India can focus on:
Expanding into New Markets: While traditional markets like the U.S. and Middle East remain strong, there is potential for growth in regions such as Africa, Latin America, and Southeast Asia.
Promoting Health Benefits: Educating global consumers about the health benefits of mustard oil can drive demand in new markets and help mustard oil gain a foothold in regions where it is not yet widely used.
Sustainability Initiatives: Focusing on eco-friendly and sustainable farming practices can further enhance India’s reputation as a leader in mustard oil production and export.
Conclusion
Mustard oil export from India plays a vital role in global trade, with India emerging as the largest exporter of mustard oil to markets across the world. With a strong agricultural foundation, growing demand for healthy cooking oils, and advancements in processing technology, mustard oil exporters in India are well-positioned to continue driving growth in this sector. The future looks bright for India’s mustard oil export industry, as it continues to meet the needs of global consumers while navigating challenges and expanding into new markets.
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