Home / Knowledge / News / Textiles / Pakistan's textile exports grow 6.5% in July-April'14
Pakistan's textile exports grow 6.5% in July-April'14
May '14
The exports of textiles, including apparel, from Pakistan grew by 6.5 percent year-on-year to US$ 11.437 billion in the first ten months of fiscal year 2013-14, according to the latest data released by the Pakistan Bureau of Statistics.
During July-April 2013-14, the exports of cotton cloth fetched $2.346 billion, showing a growth of 5.52 percent over exports worth $2.224 billion made during the corresponding period of the previous fiscal.
Knitwear exports jumped 10.73 percent year-on-year to $1.842 billion during the ten-month period, while woven garment exports shot up by 7.48 percent to $1.58 billion, as per the data.
Meanwhile, the value of textile machinery imports made by Pakistan during the period under review surged up by 59.72 percent year-on-year to $489.865 million, which shows that enterprises have started investing in new machinery, especially after the country attained European Union’s Generalised System of Preferences Plus (GSP Plus) status. In fact, textile machinery imports in April 2014 skyrocketed by 130.07 percent to $66.374 million.
The import of synthetic fibre by Pakistan increased by 4.62 percent year-on-year to $349.358 million, whereas imports of synthetic and artificial silk yarn saw a rise of 15.08 percent to $516.98 million.
Commenting on the data, All Pakistan Textile Mills Association (APTMA) chairman Muhammad Yasin Siddik said the figures show that the GSP Plus status has started showing positive results.
Although the textile exporters are capitalizing on the GSP Plus facility, the sudden appreciation of the Pakistani currency against the US dollar has decreased the pace of growth that was observed during the previous three months, Mr. Siddik said.
Pakistan’s Ministry of Textile Industry is soon likely to come out with a new textile policy 2014-19, which will replace the existing textile policy 2009-14 that ends on June 23 this year.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Apr 2017

Boohoo's revenue increases 51% to reach £294.6 mn

Fashion e-commerce marketplace Boohoo has recorded a 51 per cent...

Apparel/Garments | On 27th Apr 2017

Amazon catching up with Flipkart in India: RedSeer

Online marketplace Amazon India has caught up with its biggest rival...

Textiles | On 27th Apr 2017

Seven new organisations join ZDHC Programme

The Zero Discharge of Hazardous Chemicals (ZDHC) Programme from...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Marten Alkhagen
Swerea IVF AB

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


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