LAHORE - Despite duty-free market access granted to Pakistan by the EU countries under GSP Plus status from January 2014, the exports of several textile items including towel, synthetic textile and cotton yarn, are still showing negative growth.

As per data, the exports of synthetic and silk textile during the concluding fiscal year of 2013-14 were recorded at $348.39 million compared to $369.17 in 2012-13, showing a decrease of 5.63 percent. However, the exports of all other textile products increased by 20.74 percent during the first eleven months of the FY2013-14 as these grew from $351.91 million last year to $424.88 million.

According to data, the textile products that witnessed negative growth in trade also included cotton yarn export, which decreased by 9.91 percent, from $2,061.091 million last year to $1,856.824 million in 2013-14.

Similarly, the exports of towels decreased from $713.756 million to $699.882 million, showing negative growth of 1.94 percent whereas the exports of tents, canvas and tarpaulin decreased by 26.41 percent by falling from $104.429 million to $76.848 million.

The PBS data reflects that the overall exports from the country during July-May (2013-14) were recorded at $12.626 billion against the exports of $11.916 billion during July- May (2012-13), according to the latest data of Pakistan Bureau of Statistics (PBS). The products that contributed in positive growth of textile trade included raw cotton, exports of which grew by 38.84 percent by surging from $146.724 million last year to $203.709 million in 2013-14.

The exports of cotton cloth increased from $2,466.739 million to $2,576.765 million, showing an increase of 4.46 percent while the exports of cotton (carded or combed) increased from $6.086 million to $6.260 million, an increase of 2.86 percent.

The exports of yearn other than cotton yarn increased by 11.87 percent by going up from $35.267 million to $39.453 million while exports of knitwear increased by 11.35 percent by going up from $1,843.260 million to $2,052.400 million.

Data shows that bed wear exports from the country were recorded at $1,958.635 million in 2013-14 compared to $1,632.316 million during last year, showing a positive growth of 20 percent whereas the exports of readymade garments were recorded at $1,768.984 million compared to $1,640.180 million, an increase of 7.85 percent.

The exports of madeup articles (excluding towels) increase by 12.39 percent by growing from $545.695 million last year to $613.289 million during 2013-14.

On year-on-year basis, the textile exports increased by 1.99 percent as these grew from $1.176 billion in May 2013 to $1.200 billion in May 2014.

On month-on-month basis, the textile exports in May 2014 increased by 13.78 percent compared to the exports of $1.054 billion in April 2014.