Pakistan: Cotton and Products Annual

Pakistan’s 2015/16 cotton production is forecast at 10 million 480 lb bales, down slightly from the current year as yields are forecast lower than the near record level achieved in 2014. 2015/16 cotton consumption is forecast higher as Pakistan is benefiting from expanded textile exports to the European Union under the Generalized System of Preferences “Plus” program. Imports of cotton are expected to surge to 2.0 million 480 lb bales to meet higher demand and offset the decline in production. Pakistan has announced its 2014 – 2019 export policy and its intention to double the value of textile exports over the next five years, principally by shifting more value addition to Pakistan. 

Pakistan: Cotton and Products Annual