According to the March 17th "business records" reported in March 17th, affected by the global recession, a large number of textile products exported to the United States, the European Union and Russia were rejected by importers, and exporters were afraid to suffer huge losses.

The report said that as the importer suddenly refused to accept the goods, there are about 200 container cargo stranded in the ports of the countries and regions, and the loss of exporters of Pakistani textiles is up to US $60 million, according to the value of US $300 thousand per box.

Prior to this, affected by the domestic power supply shortage, the production cost of Pakistan textile industry has greatly improved, which greatly weakened the export competitiveness of products.

And the shrinking demand in the international market is no doubt even worse.

Textiles are export products of Pakistan's fist export, such as sharp decline in exports, which will lead to a sharp decline in Pakistan's exports as a whole.

In the first 7 months of this fiscal year (July 2008 to January 2009), the export volume of Palestinian textiles was 5 billion 820 million US dollars, down 3.79% from the same period last year, of which the textile export in January 2009 decreased by 8.98%.