Only a small fraction of Pakistan’s garments exports head to the kingdom, which imports textile from India and Bangladesh
Experts have urged the government of Pakistan should ensure facilitation of trade with Saudi Arabia during a webinar hosted by the Pakistani Consulate in Jeddah for the Faisalabad Chamber of Commerce and Industry (FCCI).
Currently, Pakistan exports goods worth $223 million to Saudi Arabia, a small fraction of the $18 billion export Pakistan does each year. By increasing exports to the Kingdom, Pakistan can boost its exports numbers significantly. As many as 14 leading importers of Saudi Arabia participated in this webinar while 19 exporters from Pakistan were also present in FCCI to directly discuss the export-related issues.
Saudi Arabia imports a significant amount of textile from India and Bangladesh but the exports from Pakistan are negligible. The market is considered to be mid-range and textile manufacturers from the city can surely target it.
The Trade Development Officer of Pakistan Consulate Fahad Chaudhary said that Pakistan will soon a major bed sheets order from the Kingdom. He said that the exporters should focus on the traditional products like towels and hosiery as well as textile products used in the homes. It was also mentioned that Pakistan’s lawn suits are very much liked by the local women.
Chaudhary added that he will try to establish contacts between Saudi importers and Pakistani exporters. “They would also resolve any documentation related matter with the direct involvement of Pakistani consulate”, he said and added that if any major issue were perpetrated, the consulate would seek courtesy of the foreign office to settle it down.
Pakistan’s overall trade volume with Saudi Arabia is relatively low. The level of exports has improved a period of time though further increase is needed. At the same time, Pakistan’s imports from the Kingdom have been on the decline in recent years.