Home / Knowledge / News / Textiles / Textile exports swell in first half of current fiscal
Textile exports swell in first half of current fiscal
20
Jan '11
Textile exports witness a hike by 25.79 percent in the first half of the fiscal year 2010-11. In spite of the challenges imposed by the energy crisis, the textile industry of Pakistan has given better performance especially in the initial six months of the current fiscal as the industry's exports registered a hike of 25.79 percent during the corresponding period of the previous year.

According to the information given by the Federal Bureau of Statistics, export of textile products from July to December (2010-2011) stood at over US $6.284 billion compared to the exports of 4.995 billion during the corresponding period of 2009-10.

There had been an outstanding growth in the textile exports during the month of December, 2010, which was of 15.47 percent over November, 2010 textile export figures and 42.65 percent over the textile export figures of December 2009.

In December 2010, textile exports stood at $1.174 billion in comparison to that of $1.017 billion recorded in November, 2010 and $823.583 million in December, 2009.

Exports of cotton cloth which grew by 30.63 percent contributed significantly towards the positive growth of textile exports during the July-December period of 2010-11.

Likewise, the raw cotton exports witnessed a boost by 13.91 percent, cotton yarn by 26.49 percent, other yarns by 43.11 percent, knitwear by 24.07 percent, made up articles by 21.48 percent, readymade garments by 34.99 percent, towels by 7.23 percent, bed wear by 16.01 percent, art, silk and synthetic textile by 69.68 percent and other textile products grew by 47.73 percent.

Exports of carded or combed cotton declined by 43.60 percent, whereas that of tents, tarpaulin and canvas registered a drop of 46.69 percent in July-December period of 2010-11 over the same period in 2009-10, representing a negative growth.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Kevin Nelson
TissueGen

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

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

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

news category


Related Categories:
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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



X