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Pakistan's textile exports up 8.13% in July-April FY18

23 May '18
2 min read

The value of textile and garment exports from Pakistan increased by 8.13 per cent year-on-year in dollar terms in the first ten months of fiscal 2017-18, according to data from Pakistan Bureau of Statistics. During July-April 2017-18, Pakistan earned $11.131 billion from textile and apparel exports compared to $10.295 billion in the same period of previous fiscal.

Category-wise, knitwear exports rose 14.65 per cent year-on-year to $2.201 billion during the ten-month period, while exports of non-knit readymade garments were up by 11.96 per cent to $2.122 billion.

Among textiles, raw cotton exports fetched $56.571 million during the period under review, showing an increase of 31.97 per cent compared to exports of $42.866 million during the same months of the previous fiscal.

Cotton yarn exports showed increase of 7.20 per cent and fetched $1.117 billion, as against exports of $1.042 billion made during July-April 2016-17. Exports of cotton fabric too rose marginally by 1.12 per cent and were valued at $1.823 billion during the initial ten months of the current fiscal, while bedwear exports increased by 4.77 per cent to $1.855 billion, the data showed.

On the import side, synthetic fibre imports were up 13.10 per cent year-on-year to $443.229 million, whereas imports of synthetic and artificial silk increased slightly by 1.58 per cent to $538.973 million.

Meanwhile, the value of textile machinery imports by Pakistan rose 2.14 per cent year-on-year to $469.874 million during the period under review.

In fiscal 2016-17 that ended on June 30, the value of textile and garment exports made by Pakistan increased by 0.04 per cent to $12.452 billion compared to exports valued at $12.447 billion in 2015-16. (RKS)

Fibre2Fashion News Desk – India

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