Pakistan textile exports up 4.10% in July-October FY20

Category-wise, knitwear exports rose 9.49 per cent year-on-year to $1.054 billion during the first four month period, while exports of non-knit readymade garments increased 12 per cent to $906.663 million.

Among textiles, raw cotton exports fetched $12.213 million during the period under review, showing a slight increase of 0.78 per cent compared to exports of $12.118 million during the same period of the previous fiscal.

Cotton yarn exports showed decline of 2.14 per cent and fetched $384.553 million, as against exports of $392.948 million made during first four months of fiscal 2018-19. Exports of cotton fabric decreased by 4.83 per cent and were valued at $678.811 million during the first four months of fiscal 2019-20, while bedwear exports increased by 5.72 per cent to $817.665 million, the data showed.

On the import side, synthetic fibre imports were down 23.42 per cent to $144.948 million and imports of synthetic and artificial silk were down by 16.76 per cent to $163.550 million year-on-year. Meanwhile, the value of textile machinery imports by Pakistan decreased by 1.15 per cent year-on-year to $153.028 million during the period under review.

In fiscal 2018-19 ending June 30, textile and garment exports from Pakistan decreased by 1.42 per cent to $13.329 billion from $13.520 billion exports in the previous fiscal.

Fibre2Fashion News Desk (PC)