LAHORE: Pakistan is a key buyer of raw cotton from India and has a big share in total imports from India, specially through Land Freight Unit (LFU) Wagah.
According to the details, Pakistan is importing raw cotton from India due to bad crop in Pakistan last year. An improvement in production of cotton in Pakistan decreased the volume of imports from India last week. It was reached up to 200 trucks per week but now fell to 40 to 60 trucks per week.
Sources told Customs Today that Pakistan is importing cotton from India and it is decreasing day by day. Officials from Land Freight Unit (LFU) Wagah informed that import of Indian cotton has decreased since the last two month. Now it has reached up to average 40 to 50 trucks in last week. Almost 50 trucks crossed the border line through Wagah trade gate in one week.
Meanwhile, total trade volume between two neighboring countries Pakistan and India has increased since last three months as export of vegetables, cement, gypsum and fruits have increased. The cotton output estimated to remain more than 11 million bales.
