Home / Knowledge / News / Textiles / Pakistan's textile exports dip marginally in July 2014
Pakistan's textile exports dip marginally in July 2014
29
Aug '14
The exports of textiles and garments from Pakistan dipped marginally by 2.37 percent year-on-year to US$ 1.169 billion in the first month of fiscal year 2014-15 that began on July 1, according to the data released by the Pakistan Bureau of Statistics.
 
In July 2014, Pakistan’s knitwear exports grew by 21.66 percent year-on-year to US$ 238.733 million, while export of cott0n fabric declined by 8.13 percent to $211.587 million.
 
Similarly, bedwear exports fetched $195.876 million, showing an increase of 14.54 percent in July 2014, over $171.009 million worth of exports made in the corresponding month of last year. Readymade garment exports increased by 3.76 percent to $186.236 million, whereas cotton yarn exports fell by 35.32 percent to $131.297 million during the month under review.
 
On the other hand, the import of synthetic fibre by Pakistan surged 55.37 percent year-on-year to $43.448 million, whereas imports of synthetic and artificial silk yarn witnessed a growth of 41.14 percent to $61.401 million.
 
Meanwhile, the value of textile machinery imports made by Pakistan during the month rose by 23.26 percent year-on-year to $41.731 million, which shows that enterprises are continuing to invest in new machinery, in view of the European Union’s Generalised System of Preferences Plus (GSP Plus) status achieved by Pakistan from the beginning of this year.
 
To boost export of value-added textile items, the Government of Pakistan has announced repayment of customs duty paid on imported raw materials used in the manufacture of textile goods meant for export.
 
The imported raw materials cover a range of inputs including enzyme, Sodium Persulphate, Hydrogen Peroxide, Peroxide Stabilizer, Mercerizing Assistant, Sequestering Agent, Wetting Agent/Detergent, Acetic Acid/Neutralizing Agent, Provatex CP – a fire retardant chemical, Resin-Lyofix CHN, Turpex-Can strength improver softener, etc.
 
The repayment of duty would be available on the export of 100% cotton or blended polyester/ cotton/Trevira (all blends) dyed THPC fire or flame retardant woven fabric; 100% cotton dyed THPC fire or flame retardant (Provatex ACS special) woven garments; blended cotton/ polyester/Trevira (all blends) dyed THPC fire or flame retardant (Provatex ACS special) woven garments and many other textile products.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Yash P. Kotak
Bombay Hemp Company

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

Prathyusha Garimella
Prathyusha Garimella

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

Rupa Sood and Sharan Apparao
Nayaab

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

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:
April 2017

April 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



X