Sialkot contributes significantly to Pakistan’s annual export total. The city is renowned across the world for its premium medical tools, leather clothing, and sporting items.
According to an estimate by the Sialkot Business and Commerce Centre (SBCC), approximately 400,000 people are directly or indirectly employed by the city’s export sector, which contributes $2 billion a year to the national coffers.
Muhammad Sadiq, the manager of business growth for Alibaba Pakistan, recently disclosed that Sialkot is home to the majority of Pakistani vendors on the Chinese global marketplace.
At a summit of Alibaba’s merchants, Sadiq stated that Sialkot is home to 85% of all of Pakistan’s sellers.
Additionally, Pakistani sellers have over 3.2 million listings on Alibaba. 63 percent of all listings go under the clothing and accessories category. The remaining listings fall within the sports, entertainment, health, and medical categories, as well as the tools, hardware, and mineral ones.
Song Song, the country head for Alibaba in Pakistan, spoke during the summit via video link as well. In the following three years, the B2B e-commerce market in Pakistan, according to him, will experience annual growth of 28%.
On the other hand, Song also emphasised that Karachi only hosts 3.3% of all Alibaba merchants, urging exporters from the nation’s economic centre to take the initiative and change these dynamics over the next three years.