Home / Knowledge / News / Textiles / Tables turn on fortunes of exports from T&G sector
Tables turn on fortunes of exports from T&G sector
24
Mar '09
Textile and garments exports from Pakistan contribute a substantial chunk to the overall basket of exports from the country, as much as 70 percent and clocking solid growth rates in the previous years and also increasing its share in total exports.

But with the unfolding of the economic crisis, the tables have been turned on the fortunes of this once very vibrant industry. Non-textile exports have posted a grand growth of 18.28 percent in the first eight months of the current fiscal (2008-09).

This growth in non-textiles shipments has come at a time when exports from the textile and garment sector have fallen by 5.60 percent, compared to the same period of the previous fiscal, which goes to show that exports are no more dependent on traditional products.

Exports from the traditional textile and garment sector fell from US $6.58 billion to $6.47 billion and that of non textiles like rice, seafood, engineering, chemicals, sports goods, etc grew from $4.80 billion to $5.68 billion in the period July '08 to February '09.

From amongst the textile sector, while exports of some category products grew handsomely, that of others fell sharply or marginally. Shipments of raw cotton grew by a staggering 154 percent, terry towels 10.02 percent and cotton fabrics 5.57 percent.

The categories with the highest negative growth rate were non-cotton yarn 51.24 percent, carpets 29.26 percent, art silk and synthetic textiles 23.45 percent, canvas and tarpaulin 21.18 percent, cotton yarn 15.28 percent and ready made apparels 12.43 percent.

Fibre2fashion News Desk - India


Must ReadView All

EU renews GSP+ scheme for Pakistan 2 years

Apparel/Garments | On 24th Feb 2018

EU renews GSP+ scheme for Pakistan 2 years

Pakistani exporters can enjoy preferential duties on exports to the...

Surat wary of e-way bills

Textiles | On 24th Feb 2018

Surat wary of e-way bills

There is no respite for Surat’s textile manufacturers and retailers....

Retailers choose sides in Alibaba-Tencent battle in China

Apparel/Garments | On 24th Feb 2018

Retailers choose sides in Alibaba-Tencent battle in China

Two big Chinese firms— Alibaba Group Holding Ltd and Tencent Holdings ...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

C Dhandayuthapani

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

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Ashok Desai
Bombay Textile Research Association

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Prathyusha Garimella
Prathyusha Garimella

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

Karan Arora
Karan Arora

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

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

February 2018

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
70.6%
No
12.7%
Skip
16.7%

Total Votes: 102

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
63.7%
No
29.4%
Skip
6.9%

Total Votes: 102

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
88.2%
No
8.8%
Skip
2.9%

Total Votes: 102

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
83.3%
No
7.8%
Skip
8.8%

Total Votes: 102


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