Page 32 - February-March-2020

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Textile exports post 4.10%

growth in four months, cross

$4,586 billion mark

Textile group exports from the country during the exports included cotton yarn decreased by 2.14
first four months (July-October) of current financial per cent, cotton cloth by 4.83 per cent, tents,
year increased by 4.10% as compared to the canvas and tarpulin by 1.58 per cent.
exports of the corresponding period of last year.
During the period from July-October, 2019, the
Meanwhile, textile sector exports witnessed about country exported about 40,246 thousand dozen of
7.44% growth in the month of October, against the knit wear valuing US $1.054 billion against the
exports of same month last year, according to the exports of 37,790 thousand dozen worth of US
latest data of advance releases on foreign trade $962.862 million in the same period last year, which
statistics, released by the Pakistan Bureau of was up by 9.49 per cent.
Statistics.
During the period under review, 172,547 metric
During the period from July-October, 2019-20, tons of bed wear worth US $817.665 million were
textile products worth over US $4.586 billion also exported as compared to the exports of
exported against the exports of US $4.406 billion of 144,574 metric tons valuing US $773.447 million in
the same period last year, showing an increase of the same period last year. The exports of above
4.10 percent. product witnessed 5.72 per cent growth in the first
four months of current financial year.
On month on month basis, textile products over US
$1.214 billion exported in month of October, as Meanwhile, 58,030 metric tons of towels worth US
compared to the exports of US $1.130 billion of the $251.647 million were also exported as compared
same month last year. During the period under to the exports of 60,041 metric tons valuing US
review, exports of readymade garments grew by 12 $249.651 million in the same period last year. From
per cent, knitwear 9.49 per cent, bed wear 5.72 per July-October, country fetched $906.663 million by
cent, towels 0.80 per cent, art, silk and synthetic exporting about 19,954 thousand dozen of ready
textile increased by 9.46 per cent respectively. made garments, which were recorded at 15,119
thousand dozen worth US $809.520 million in the
Meanwhile, exports of raw cotton from the country corresponding period last year.
during the period under review increased by 0.78
per cent, cotton carded or combed 100 per cent However, exports of raw cotton from the country
and yarn other then cotton yarn grew by 21.24 per came down from US $392.948 million in the first
cent respectively, the data revealed. four months of last financial year to US $384.553
million in the same period of current financial year.
The exports during the period increased from US
However, in the last four months of the current $7.270 billion during last year to US $7.547 billion
financial year, the exports of textile products which during the current fiscal year, showing growth of
observed negative growth in their respective
3.81 per cent.

February/March 2020