Textile exports posts 7.09 percent increase in 9 months | Pakistan Today

Textile exports posts 7.09 percent increase in 9 months

Textile exports from the country during first three quarters of current financial year posted an increase of 7.09 percent growth as compared to the same period of last year.
According the figures released by the Pakistan Bureau of Statistics (PBS) textile group exports from country during the period from July-March 2012-13 reached to US$ 9.630 billion which was recorded at US$ 8.993 billion in corresponding period of last year. On the other hand textile group exports from the country recorded 13.21 percent increase on month on month basis and reached to US$ 1.167 billion in month of March 2013 as compared to US$ 1.030 billion of March 2012, the data revealed.
During the period under review cotton yarn exports registered 29.17 percent increase as about 548,600 metric tons of cotton yarn worth US$ 1.652 billion exported from the country against 405,323 metric tons valuing US$ 1.279 billion in same period of last year. From July-March, 2012-13 exports of cotton cloth posted 29.17 percent increase and reached to US$ 1.991 billion as compared to US$ 1.279 billion in corresponding period of last year, the data revealed.
About 1,437,938 thousand square meters of cotton cloth exported from the country in first three quarters of FY 2012-13 comparing to 1,509,242 square meters of same period last year.
Meanwhile, the exports of knitwear, bed wear and towels registered increase of 2.84 percent, 0.09 percent and 18.11 percent respectively during the period under review.
In first nine months of current financial year about 73,457 thousand dozen of knitwear worth US$ 1.50 billion exported which was recorded at 129,199 thousand dozens valuing US$ 1.467 billion during same period of last FY.
During the period under review about 195,764 metric tons of bed wear worth US$ 1.billion exported as compared the 115,489 metric tons costing US$ 1.311 billion, the data revealed.
According the figures, country earned US$ 55.56 million by exporting 126,138 metric tons towels which stood at 101,687 metric tons costing US$ 489.13 million during same period of last FY. From July-March, readymade garments exports increased by 10.27 percent and reached US$ 1.31 billion against US$ 1.19 billion in same period of last FY.
However, the data said that exports of raw cotton decreased by 65.07 percent and cotton carded or combed by 93.86 percent in first three quarters of current financial year.



Related posts

Top