Home / Knowledge / News / Textiles / Textiles contribute 76% in Pakistan's export growth: Govt
Textiles contribute 76% in Pakistan's export growth: Govt
20
Jun '13
Textiles contributed US$ 621.8 million or 76 percent of the overall US$ 818 million increase in Pakistan’s exports during the first ten months of the current fiscal year over the corresponding period of previous fiscal, according to the Economic Survey of Pakistan 2012-13.
 
The report released by the Ministry of Finance said the monthly exports for July-April 2012-13 averaged US$ 2.019 billion, against last year’s average of US$ 1.933 billion, Pakistan’s news agency APP said.
 
Pakistan’s exports are highly concentrated in few items, with cotton and textiles being one of them.
 
In fact, the cotton and textile industry alone accounted for 51.4 percent of Pakistan’s total exports during the first nine months of 2012-13, the report said.
 
Textiles was also one of the categories that registered a decline in imports during July-April 2012-13, the report added.
 
According to the Government report, Pakistan’s economy on an average grew at 2.94 percent since 2008-09. However, “During FY12 and FY13 the power shortage became so severe that it wiped out 2 percent from the country’s GDP.”
 
“Per Capita Income in dollar terms grew at a nominal rate of 3.4 percent in 2012-13 and increased to US$ 1,368 in 2012-13,” states the report.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 23rd Jun 2017

Alfredo Grassi to develop graphene-enhanced workwear

Alfredo Grassi, manufacturer of customised protective clothing,...

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search