Cloth out, clothes in: Textile exports up by 0.47pc | Pakistan Today

Cloth out, clothes in: Textile exports up by 0.47pc

Country’s textile exports increased by 0.47 per cent during the first eight months of current fiscal year against the exports of same period of last year.

The overall textile exports during July-February (2014-15) were recorded at $ 9.179 billion against the exports of $ 9.136 billion during July-February (2013-14), according to Pakistan Bureau of Statistics (PBS).

The textile products that witnessed increase in trade included yarn other than cotton yarn export of which increased by 14.42 percent, by going up from $ 25.854 million last year to $ 29.581 million this year.

Exports of knitwear also increased by 9.48 percent from $ 1.482 billion last year to $ 1.622 billion this year while the exports of towels increased by 3.22 percent from $ 494.32 million to $ 510.229 million.

According to PBS data, cotton carded or combed during the period under review increased by 3.35 percent to $ 6.177 million from $ 5.977 million during last year.

Similarly, the exports of tents, canvas and tarpaulin also surged by 89.74 percent from $ 52.237 million during July-February 2013-14 to $ 99.114 million during July-February 2014-15, whereas the exports of readymade garments increased by 10.54 percent from $ 1.252 billion to $ 1.384 billion.

The products that witnessed negative growth in exports included raw cotton exports of which declined by 14.56 percent, from $ 163.093 million to $ 139.341 million.

The exports of cotton yarn decreased from $ 1.394 billion to $ 1.327 billion, showing a decrease of 4.76 per cent while exports of cotton cloth decreased from $ 1.879 billion to $ 1.647 billion, showing decrease of 12.35 percent.

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