July cotton yarn export up 11 percent

Pakistan exported 50,373 tons of cotton yarn in the first month of new fiscal year, up by 11 percent, according to Pakistan Bureau of Statistics. Increase in cotton yarn export stood at 4,966 tons in July 2015 compared to the yarn export of 45,407 tons in July 2014, PBS said. The country's cotton yarn export, in terms of value, dipped to $117.598 million in July 2015 from $134.459 million in July 2014, falling by 13 percent or $16.861 million.
As comparing to the cotton yarn export of $120.347 million in June 2015, the commodity's export declined by over two percent or $2.749 million in July 2015. Cotton yarn export volume remained almost stagnant in July 2015 comparing to the commodity's export in June 2015.