ISLAMABAD - The countrys textile export target will suffer seriously in the ongoing financial year, 2010-11, if it does not import cotton bales in time, as the crop is badly damaged by devastating floods, sources informed TheNation on Friday. Sources in All Pakistan Textile Mills Association (APTMA) said that the country would face a shortfall of 4 to 4.5 million bales of cotton in the current fiscal year, therefore the Government and textile stakeholders should import cotton bales in time, otherwise it would not be possible to achieve the annual textile export target set for the year 2010-11. The Government has fixed the annual textile export target at $ 14b for the current fiscal year 2010-11 under the 5 years textile policy. The textile export showed a healthy growth of 23pc in the first month (July) of the current fiscal year, as it was recorded at $986m in July 2010 against $802m in the same month of 2009. According to sources, textile millers had contracted to import 1m bales of cotton, which would arrive in Oct or Nov in the country. The country is importing cotton from India and Brazil. However the Govt has not made any decision to import cotton bales so far, sources further added.