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Textile exports post 6.5pc increase in 10 months

Published Updated

imageISLAMABAD: Textile group exports from the country during last 10 months of current financial year registered an increase of 6.50 percent as compared to the exports of same period last.

From July-April, 2013-14, textile products worth US$ 11.437 billion were exported compared to exports of US$ 10.739 billion during the corresponding period of last financial year.

According to the data of Pakistan Bureau of Statistics (PBS), the raw cotton exports from the country grew by 41.80 million as about 109,822 metric tons of raw cotton worth US$ 196.074 million exported as against 83,168 metric tons valuing US$ 138.27 million of same period last year.

During the period under review exports of cotton cloth grew by 5.52 percent and reached at 1,969,200 thousand square meters valuing US$ 2.346 billion as compared to 1,776,243 thousand square meters costing US$ 2.22 billion of same period last year.

However, the data reveled that exports of cotton yarn decreased by 8.19 percent which was recorded at 568,508 metric tons worth US$ 1.70 billion as compared to the exports of 612,718 metric tons valuing US$ 1.86 billion of corresponding period of last year.

Meanwhile, the exports of knitwear increased by 10.73 percent, bed wear by 20.37 percent where as ready made garments posted 7.48 percent growth respectively.

During the period from July-April, 2013-14, knitwear goods worth US$ 1.842 billion were exported as compared to US$ 1.66 billion exports of same period last year.

Country earned US$ 1.76 billion by exporting the bed wear products in last ten months which was recorded at US$ 1.46 billion during the same period of last year, the data reveled.

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