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Pakistan's textile imports dip marginally in August
Sep '12
Textile imports by Pakistan declined marginally by 1.85 percent year-on-year in August 2012 to US$ 176.509 million, according to the data of Pakistan Bureau of Statistics (PBS).
In August 2011, Pakistan imported textiles worth US$ 179.831 million.
Pakistan’s August 2012 textile imports were 10.78 percent less than July 2012’s imports worth US$ 197.832 million.
Pakistan’s textile imports for the first two months of the current fiscal that started on July 1, dipped to US$ 374.341 million from July-August 2011’s imports of US$ 421.433 million, registering a year-on-year fall of 11.17 percent.
Of which, synthetic and artificial silk yarn imports shrunk by 24.24 percent from July-August 2011’s US$ 111.859 million to US$ 84.747 million in July-August this year.
Imports of synthetic fibre reduced 28.51 percent to US$ 62.729 million from US$ 87.751 million worth of synthetic fibres imported during the corresponding period of last year.
However, raw cotton imports soared by 22.24 percent from July-August 2011’s US$ 92.254 million to US$ 112.773 million in July-August this year.
Likewise, posting a positive growth, used clothing imports hiked 23.79 percent from US$ 20.293 million to US$ 25.121 million.
Imports of all other textile products plummeted by 18.58 percent from US$ 109.276 million to US$ 88.971 million during the review period.

Fibre2fashion News Desk - India

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