A Literature Review on External Factors Affecting Export Competitiveness of Raw Woven Sector of Pakistan
The Textile Industry of Pakistan is considered as lifeline of the country's economy. It accounts for around 55% share of the total economy. Major exports from textiles are yarns, raw and finished fabrics and also a limited quantity of value-added textile items. However, from the last one-decade, the textile industry is facing a lot of problems in terms of getting and maintaining export orders. Most of the customers globally now giving preferences to other regional competitors. Due to this Pakistani Textile Industry losing its competitiveness day by day. There are very less studies carried out on this hot issue especially in context of Pakistan. There is contextual gap exist in the literature review on external factors. In this Paper author made literature review on six external factors such as exchange rate, GDP, FDI, Quota, Technology and political instability and their impact found discussed on various studies.