ISLAMABAD: The exports of cotton yarn during first two months of the current financial year grew by 6.52 percent as compared to the corresponding period of last year.
During the period from July-August 2018, about 79,733 metric tons of cotton yarn valuing $224.145 million was exported against 81,064 metric tons worth $210.418 million last year.
Meanwhile, about 1,988 metric tons of yarn other than cotton yarn valuing $5.065 million was exported during the period under review as compared to 1,725 metric tons worth $4.925 million during the same period of last year, according to data of Pakistan Bureau of Statistics.
However, during the period under review, exports of raw cotton came down from $8.695 million in July-August, 2017 to $3.292 million during the same months of current financial year, recording decrease of 62.14 percent.
The country exported about 21,440 thousand dozens of knitwear worth US $488.815 million during the first two months of current financial year as compared to 16,992 thousand dozens valuing US $439.224 million during the corresponding period of the last year.
During the period from July-August 2018, the exports of knitwear grew by 11.29 percent as compared to those during the same period of the last year.
Meanwhile, 7,450 thousand dozens of readymade garments valuing US $435.425 million were exported during the period under review as compared to 6,108 thousand dozens worth $418 million the last year. The exports of cotton cloth also reduced from 345,229 thousand square meters valuing $346.780 million, which was recorded at 328,741 thousand square meters worth $349.197 million during the same period of last year, it added.
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