ISLAMABAD - The exports of ready-made garments increased by 6.6 percent during first three months of current fiscal year (2015-16) as compared to same period of last year.

The ready made garments’ export was recorded at $510.023 million during July-September 2015-16 as against the exports of $478.173 million during same period of last year.

However, on month-on-month basis, the exports declined by 11.95 percent from $175.725 million in September 2015 to $154.731 million in August 2015, according to a data of Pakistan Bureau of Statistics (PBS).

Likewise, on year-on-year basis the ready-made exports also decreased by 3 percent from $159.520 million in September 2014 to $154.731 million in September this year.

Towel exports also witnessed an increase of 8.92 percent in July-September (2015-16) as against same period of last year.

According to the data, 42,952 metric tons of towels worth $201.54 million were exported during first three months of current year whereas 39,016 MT worth of $185.029 million towels were exported during same period of last year.

On month-on-month basis, the towel exports were recorded at 14,183 MT worth of $69.957 million in September 2015 as compared to 12,910 MT worth of $64.464 million in August 2015, an increase of 8.52 percent.

On year-on-year basis, the towel exports however witnessed a slight decrease of 0.56 percent as 14,448 MT of towels valuing $70.351 million were exported in September 2014.