Towel export slumps by 17 percent

Pakistan's towel export plunged to $177.900 million in July-September 2016, down by over 17 percent, official figures say. Thus, towel export fall comes to the tune of $36.554 million in July-September 2016 from $214.454 million in July-September 2015, Pakistan Bureau of Statistics indicates. Towel export volume dropped by 18.39 percent or 8,955 metric tons to 39,735 metric tons in July-September 2016 from 48,690 metric tons in July-September 2015.
In term of value, towel export slumped by 20 percent or $15.078 million to $60.513 million in September 2016 from $75.591 million in September 2015. The country's towel export quantity declined by 27 percent or 4,733 metric tons to 13,097 metric tons in September 2016 from 17,830 metric tons in September 2015.