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Pakistan's textile exports grow 8.55% in July-Dec'12
25 Jan '13
1 min read
With a year-on-year rise of 8.55 percent, Pakistan’s textile and garment exports for first half of the current fiscal increased to US$ 6.458 billion from US$ 5.590 billion worth of exports made during the corresponding period of last year.
According to Pakistan Bureau of Statistics (PBS), exports for December 2012 grew to US$ 1.058 billion, compared to exports of US$ 1.009 billion in December 2011.
Product-wise, cotton yarn exports grew by 38 percent year-on-year during July-December 2012, while that of cotton cloth by 12.31 percent, yarn by 53.94 percent, towels by 10.98 percent, tents by 25.39 percent, readymade garments by 13.29 percent and other textile materials by 62.95 percent.
On the other hand, raw material exports plummeted by 51.46 percent year-on-year, cotton carded by 85.15 percent, knitwear by 2.02 percent, bed wear by 9.61 percent, art silk and synthetic textiles by 19.69 percent and made-up articles by 6.89 percent, the PBS data showed.
Fibre2fashion News Desk - India
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