Interviews
Textile exports reflect a dismal performance
10 Jun '08
2 min read
Recently released export figures for the period July – March 2007-2008 pertaining to the textile and garment industry in Pakistan reflect a dismal performance.
Only raw cotton, made ups (exclusive of towels and beadwear), art silk and synthetic textiles has been able to register a growth corresponding to the same period of last fiscal.
The main export items in the textile and garment basket like yarns, garments, cotton fabrics, knitwear, bead wear, towels and canvas have recorded dismal negative growth rates.
The saving grace has been the leather industry which has registered growth in leather fabrics as well as garments but lost out in footwear.
The best overall performance was delivered by raw cotton with a positive increase of 17.12 percent in quantity and 18.15 percent in terms of value while art silk and synthetic textiles registered 16.03 percent in terms of quantity and a stupendous 40.91 in terms of value. Made ups recorded a positive growth of 12.60 percent.
Categories which recorded a negative growth corresponding to the same period last year were cotton yarn and other yarns with figures of 8.27 percent and 20.46 percent by value respectively,
The biggest fall came from cotton fabrics which lost 20.90 percent vide quantity and 11.01 percent in value. Readymade was one of the sectors to record one of the lowest de-growths with 4.24 percent in quantity and 12.05 percent in value.
Knitwear hosiery followed suit with negative figures of 10.53 percent quantity wise and 7.97 percent value wise.
Leather on the other hand made handsome gains with leather fabrics going up by 35.46 percent and leather garments by 24.08 percent value wise.
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Only raw cotton, made ups (exclusive of towels and beadwear), art silk and synthetic textiles has been able to register a growth corresponding to the same period of last fiscal.
The main export items in the textile and garment basket like yarns, garments, cotton fabrics, knitwear, bead wear, towels and canvas have recorded dismal negative growth rates.
The saving grace has been the leather industry which has registered growth in leather fabrics as well as garments but lost out in footwear.
The best overall performance was delivered by raw cotton with a positive increase of 17.12 percent in quantity and 18.15 percent in terms of value while art silk and synthetic textiles registered 16.03 percent in terms of quantity and a stupendous 40.91 in terms of value. Made ups recorded a positive growth of 12.60 percent.
Categories which recorded a negative growth corresponding to the same period last year were cotton yarn and other yarns with figures of 8.27 percent and 20.46 percent by value respectively,
The biggest fall came from cotton fabrics which lost 20.90 percent vide quantity and 11.01 percent in value. Readymade was one of the sectors to record one of the lowest de-growths with 4.24 percent in quantity and 12.05 percent in value.
Knitwear hosiery followed suit with negative figures of 10.53 percent quantity wise and 7.97 percent value wise.
Leather on the other hand made handsome gains with leather fabrics going up by 35.46 percent and leather garments by 24.08 percent value wise.
Click here to view more details.
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