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Exports from textile sector decline by 12% in July
21
Aug '09
According to statistics released by the Federal Bureau of Statistics, exports from the textile and apparel sector declined by 11.95 percent in July, when compared with the corresponding month of the previous year.

The sector exported US $800 worth of goods in July 2009, against $908 million achieved in July 2008. But amongst the decline in overall value, there were some product categories which were able to record a positive growth.

Exports of yarn grew by 13.18 per cent, art silk and synthetic textile was up 138.09 percent, made up articles also up by 0.22 per cent and other textile materials 32.96 per cent.

However, exports of raw cotton fell by 16.85 per cent, cotton yarn decreased by 3.21 per cent, cotton cloth 34.73 percent, cotton (corded) 80.41 percent, knitwear 11.98 percent, bedwear 14.87 percent and towels 15.74 percent.

Amongst other categories, shipments of tents declined 54.33 percent and clothing 6.98 percent.

Fibre2fashion News Desk - India

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