Pakistan textile exports grow by 0.41%

 

Pakistan textile exports witnessed a growth of 0.41 per cent in the first 4 months of the present financial year (July to October) compared to what it was during the same period in 2017.

July to October 2018 saw Pakistan exporting textile products worth US $ 4.407 billion whereas the numbers were US $ 4.389 billion during the same period in 2017.

Pakistan Bureau of Statistics, in its recently released data, explained that raw cotton exports decreased by 71.5 per cent in the current financial year whereas cotton yarn and cotton cloth exports slumped by 11.19 and 0.25 per cent, respectively.

The country witnessed the knitwear and bedwear exports surge by 10.41 and 2.10 per cent, respectively, during the same period. Readymade garment exports too saw an increase of 0.63 per cent during the same period.

Pakistan earned US $ 962.81 million by exporting 39,880 thousand dozen of knitwear in the first four months of 2018 whereas during the same period of 2017, the country exported 34,061 thousand dozen knitwear and earned US $ 872.01 million.

Notably, the overall exports from Pakistan during July-October of 2018 increased by 3.48 per cent.


 

 

 

 

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