Home / Knowledge / News / Textiles / Pakistan's textile exports stay stable in July-Feb 2014-15
Pakistan's textile exports stay stable in July-Feb 2014-15
24
Mar '15
The exports of textiles and garments from Pakistan remained almost stable and earned US$ 9.179 billion in the first eight months of fiscal year 2014-15 that began on July 1, 2014, compared to exports of $9.136 billion in the corresponding period of previous fiscal, according to the data released by the Pakistan Bureau of Statistics.
 
In July-February 2014-15, Pakistan’s knitwear exports grew by 9.48 per cent year-on-year to US$ 1.622 billion, while exports of non-knit readymade garments were up by 10.54 per cent to $1.384 billion.
 
Raw cotton exports fetched $139.341 million in the eight-month period, showing a drop of 14.56 per cent compared to exports of $163.093 million made during the corresponding period of previous fiscal. Likewise, cotton yarn exports fell by 4.76 per cent to $1.327 billion, as against exports of $1.394 billion made during the same period last fiscal. 
 
Exports of cotton fabric dropped 12.35 per cent to $1.646 billion during the period under review, while bedwear exports declined by 0.33 per cent to $1.418 billion, the data showed.
 
The increase in exports of garments along with a decline in exports of raw cotton, yarn and fabric, however, is a good sign for Pakistan’s value-added textile industry, as the country is exporting more finished goods compared to last fiscal.
 
On the other hand, the import of synthetic fibre by Pakistan surged 28.06 per cent year-on-year to $358.998 million, whereas imports of synthetic and artificial silk yarn witnessed a growth of 19.99 per cent to register $437.805 million. This shows that textile enterprises have increased the use of synthetic fibre and yarn in recent months.
 
Meanwhile, the value of textile machinery imports made by Pakistan during the period decreased by 22.75 per cent year-on-year to $284.456 million, which points at lower intent of entrepreneurs to invest in the industry.
 
In 2013-14, Pakistan textiles and garment exports grew by 5.3 per cent year-on-year to US$ 13.738 billion, with knitwear and woven garment exports registering a growth of 10.53 per cent and 8.67 per cent, respectively. (RKS)
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Mikes Photos from Pexels

Apparel/Garments | On 17th Oct 2018

Bangladesh garment exports swell 14.66% in Q1 FY19

Readymade garment exports from Bangladesh increased by 14.66 per cent ...

Courtesy: WTO

Textiles | On 17th Oct 2018

WTO rejects Panama claim for $210-mn sanctions on Columbia

A World Trade Organisation (WTO) panel recently rejected Panama’s...

India ranks 147th in Oxfam world inequality index

Textiles | On 17th Oct 2018

India ranks 147th in Oxfam world inequality index

India has been ranked 147th among 157 countries in a new worldwide...

Interviews View All

Amrit Sethia, SOIE

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Top executives, Indian retail players

Top executives
Indian retail players

Walmart's acquisition of Flipkart endorses the humongous opportunities in...

Headhonchos, Indian fashion industry

Headhonchos
Indian fashion industry

Organic the first choice of any environment-conscious person

Deepprakash Agrawal,

Deepprakash Agrawal

Radhey Weaves is a Surat-based manufacturer of brocade fabrics. MD...

Carolin Russ,

Carolin Russ

Weko, Weitmann & Konrad GmbH & Co KG, based in south Germany, is...

Tom Adeyoola,

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Mary-Cathryn Kolb, Brrr°

Mary-Cathryn Kolb
Brrr°

Atlanta-based private start-up Brrr° was founded in 2014 to develop...

Isabel Herranz, European School of Business & innovation

Isabel Herranz
European School of Business & innovation

Cutting-edge ideas like the Internet of Things and artificial intelligence ...

Paolo Ocleppo, Sandvik Hyperion

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Cigdem Akin, Cigdem Akin

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

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

Leave your Comments


October 2018

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

news category


Related Categories:

Advanced Search