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Pakistan's textile exports grow 7% in first three quarters
22
Apr '13
Textile exports from Pakistan jumped 7.09 percent year-on-year during the first three quarters of the ongoing financial year that started on July 1, 2012.
 
According to the figures released by the Pakistan Bureau of Statistics (PBS), the country exported US$ 9.63 billion worth of textiles in the first three quarters of the current fiscal, against exports worth US$ 8.993 billion made during corresponding period of last fiscal year.
 
Posting a 29.17 percent year-on-year growth, cotton yarn stood to be the biggest contributor to textile export growth during the nine-month period.
 
Other textile items that registered positive growth include cotton cloth, whose exports grew by 11.56 percent year-on-year, knitwear by 2.84 percent year-on-year and yarn other than cotton yarn by 13.79 percent year-on-year.
 
Towel exports grew by 18.11 percent year-on-year during July-March 2012-13, while exports of made-up articles except towels and bedwear grew by 6.31 percent year-on-year; tents, canvas and tarpaulin by 30.89 percent y-o-y; bedwear by 0.09 percent y-o-y; and other textile materials by 44.83 percent y-o-y.
 
Items with negative export growth include raw cotton, whose exports dipped by 65.07 percent y-o-y, synthetic textile by 25.33 percent y-o-y and cotton carded or combed by 93.86 percent y-o-y.
 
During March 2013, Pakistan’s textile sector exports posted a 13.21 percent year-on-year and 17.77 percent month-on-month growth.
 

Fibre2fashion News Desk - India

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