Textile exports post 12.95 percent growth in March

Exports of textile group have shown a growth of 12.95 percent during March over the same months of the last fiscal year as textile exports increased to $1.202 billion in March 2018 from $1.064 billion in March 2017.
Exports figure released by Pakistan Bureau of Statistics of select commodities for the month of March 2018 showed that exports of cotton yarn increased to $127.868 million in March 2018 from $ 97.442 million for the same period of last fiscal year, reflecting a growth of 31.22 percent while exports of cotton cloth increased to $205.026 million from $188.675 million, showing a 8.67 percent growth.
Export of yarn other than cotton yarn increased to 3.186 million in March 2018 from $2.464 million for the same month of last fiscal year posting a growth of 29.30 percent, export of knitwear increased to $230.109 million during the period under review from $184.273 million with a growth of 24.87 percent.
Exports of bed wear increased to $196.335 million in the month of March 2018 from $180.518 million for the same month of the last fiscal year, registering a growth of 8.76 percent and exports of towels increased to $75.579 million from $70.351 million, showing a growth of 7.43 percent.
However, exports of tents, canvas & tarpaulin decreased to $5.952 million in the month of March of the current fiscal year from $ 7.890 million for the same month of last fiscal year, reflecting a negative growth of 24.56.
Exports of readymade garments increased to $223.104 million during the month of March 2018 from $205.140 million which showed a growth of 8.76 percent, exports of art, silk & synthetic textile to $30.481 million from $24.121 million with a growth of 26.37 percent while exports of made-up articles (excluding towels & bed-wear) increased to $61.230 million from $58.600 million, showing a growth of 4.49 percent and exports of other textile materials decreased to $43.661 million from $44.580 million showing a negative growth of 2.06 percent.
Exports of textile group have increased to $9.990 billion during the first nine months of the current fiscal year against $9.270 billion for the same period of last fiscal year, showing an increase of 7.77 percent.