Home / Knowledge / News / Textiles / Pakistan's textile exports cross $10bn in July-March
Pakistan's textile exports cross $10bn in July-March
28
Apr '15
The exports of textiles and garments from Pakistan earned US$ 10.207 billion in the first nine months of fiscal year 2014-15 that began on July 1, 2014, according to the data released by the Pakistan Bureau of Statistics.
 
However, the value of textile and apparel exports during the nine-month period was 1.57 per cent lower compared to exports of $9.136 billion in the corresponding period of previous fiscal.
 
In July-March 2014-15, Pakistan’s knitwear exports grew by 7.54 per cent year-on-year to $1.791 billion, while exports of non-knit readymade garments were up by 8.51 per cent to $1.548 billion.
 
Raw cotton exports fetched $142.031 million in the nine-month period, showing a drop of 21.94 per cent compared to exports of $181.956 million made during the corresponding period of previous fiscal. Likewise, cotton yarn exports fell by 7.48 per cent to $1.46 billion, as against exports of $1.578 billion made during the same period last fiscal. 
 
Exports of cotton fabric dropped 12.62 per cent to $1.859 billion during the period under review, while bedwear exports declined by 2.4 per cent to $1.569 billion, the data showed.
 
The increase in exports of garments along with a decline in exports of raw cotton, yarn and fabric, however, is a good sign for Pakistan’s value-added textile industry, as the country is exporting more finished goods compared to last fiscal.
 
On the other hand, Pakistan’s import of synthetic fibre surged 25.1 per cent year-on-year to $391.594 million, whereas imports of synthetic and artificial silk yarn witnessed a growth of 8.39 per cent to register $492.231 million. This shows that textile enterprises have increased the use of synthetic fibre and yarn in recent months.
 
Meanwhile, the value of textile machinery imports made by Pakistan during the period decreased by 21.22 per cent year-on-year to $336.097 million, which points at lower intent of entrepreneurs to invest in the industry.
 
In 2013-14, Pakistan textiles and garment exports grew by 5.3 per cent year-on-year to US$ 13.738 billion, with knitwear and woven garment exports registering a growth of 10.53 per cent and 8.67 per cent, respectively. (RKS)
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Courtesy: Gucci/Pantone

Textiles | On 9th Dec 2016

Pantone announces greenery as colour of the year 2017

Pantone, an X-Rite company and the global authority on colour and...

Textiles | On 9th Dec 2016

Heimtextil to host 230 exhibitors from 28 countries

Close to 230 exhibitors from over 28 countries are expected to...

Interviews View All

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Larry L Kinn
Suominen Corporation

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search