Textile exports up 7.24pc in two months, 3.42pc in August

Pub: Tue, 01/10/2013 - 18:57

On year-on-year basis, textile exports during August 2013 increased by 3.42 percent in August 2013 when compared to the exports of August 2012.

The textile exports from the country increased by 7.24 percent during the first two months of current fiscal year against the exports of same period of last year.

On year-on-year basis, textile exports during August 2013 increased by 3.42 percent in August 2013 when compared to the exports of August 2012.

The overall textile exports during July-August (2012-13) were recorded at $2.305 billion against the exports of $2.149 billion during July-August (2011- 12), according to Pakistan Bureau of Statistics (PBS).

The textile products that witnessed surge in trade included raw cotton, exports of which increased by 496 percent by going up from $5,590 million during the first two months of last year to $33.357 million during the current year.

Exports of cotton yarn also increased by 16.77 percent from $333.911 million last year to $389.921 million this year while the exports of cotton cloth increased by 7.71 percent from $434.277 million to $467.774 million.

Exports of yarn other than cotton yarn increased by 3.43 percent to reach at $8.511 from $8.229 last year while the exports of bed wear increased by 5.13 percent from $300.768 million to $316.192 million.

According to PBS data, the exports of tents, canvas and tarpaulin increased from $1.3 million to $1.344 million, an increased of 1.89 million while exports of readymade garments increased from $298.209 million to $324.628 million, showing increase of 8.86 percent.

The exports of made up articles (excluding towels and bedwear) during the period under review increased by 6.47 percent to $104.766 from $98.398 million during last year.

Ref:
http://www.brecorder.com/pakistan/business-a-economy/137225-textile-exports-up-724pc-in-two-months-342pc-in-august.html

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