Coronavirus resulted in massive vacuum in the int'l market.

ISLAMABAD -- Pakistani export sector should take advantage of a steep decline in Chinese and exports to win back its lost share in the international market, a business leader said Thursday. Growth rate of China is expected to fall to five percent while its $266 billion share in global textile exports of $837 is contracting which can be used by Pakistan to improve its share in export market which has reduced from 3 percent to 1.6 percent, said Shahid Rasheed Butt former President ICCI.

The countries dependent on Chinese raw material for their exports are also facing difficulties as Indian exports have plunged by 2.3 percent, Thailand exports have witnessed a fall of 2.5 percent, Sri Lankan exports are down by 3.6 percent, Indonesian exports are depressed by 5 percent, Malaysia witnessed six percent reduction while Bangladesh lost seven percent of exports. Pakistani...