Home / Knowledge / News / Textiles / Cotton exports help avoid massive decline in growth rates
Cotton exports help avoid massive decline in growth rates
23
Sep '08
According to data released by the Federal Bureau of Statistics, exports of textiles and apparels from Pakistan are still in a state of decline.

For the first two months of the Pakistan current fiscal year (July-June), shipments fell to US $1.75 billion compared to $1.83 billion in the corresponding period of the previous fiscal, resulting in a negative growth of 4.21 percent.

Most of the products in the basket of textiles and garments, more in particular the garment category delivered a poor performance vis-à-vis the same period of the last fiscal.

Exports from the sector for July amounted to $853.51 million and that for August totaled to $905.91 million. De-growth was more noticeable in value added categories like bed-wear and knitwear which recorded negative growth rates of 8.52 and 12.51 percent respectively.

Ready made garments were the only major category to get away with a marginal 3.62 percent decline.

The shipments from the textile category were even more alarming. Exports of cotton yarn declined by 21.24 percent, of carded yarn fell by a shocking 54.79 percent and shipments of synthetic yarns dropped by 18.15 percent.

The only saving grace was the exports of raw cotton, exports of which rose by a tremendous 236.34 percent in the period under review. If exports of cotton were not to be considered the fall in growth rates would have been phenomenal.

The other category which helped the sector from recording dismal figures was the exports of art, silk and synthetic textiles which grew by 42.93 percent.

Fibre2fashion News Desk - India


Must ReadView All

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Apparel/Garments | On 15th Dec 2017

Ethiopia’s Kombolcha Industrial Park attracts foreign firms

Strategic location, modern factory facilities and proximity to the...

American Merchant to invest $19.9 mn to start Bristol plant

Textiles | On 15th Dec 2017

American Merchant to invest $19.9 mn to start Bristol plant

American Merchant, Inc., a subsidiary of Merchant House International ...

Courtesy: Tailored Brands

Apparel/Garments | On 15th Dec 2017

Tailored Brands posts $810.8 million sales in Q3 FY17

Tailored Brands, a leading US-based specialty retailer of menswear,...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Lynda Kelly
Suominen Corporation

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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