Islamabad

Textile exports continue to decline except a minor improvement in some of the small segments, sources revealed.

The textile exports showed around 9 percent decline during July-December 2015 as compared to same period of previous year. Raw cotton exports were 72 million during July December 2015, as compared to 114 million in previous year, a decline of 37 percent. Cotton yarn showed a decline of -30 percent as its exports in second half of 2015 fell to 698 million from 992 million in 2014.

Cotton Cloth exports remained 1110 million as compare to 1237 million previous year, a decline of 10 percent.

Knitwear garments exports were 1199 million in July-December 2015 as compare to 1236 million in July-December 2014.

Ready-made garments and towels showed a slight increase. Readymade garments exports in July-December 2015 were 1044 as compare to 1006 in same period of 2014, an increase of 4 percent.

Towels showed an improvement of 5 percent as its exports in last six months of 2015 jumped to 398 from 390 million in 2014 same period.

According to officials the same trend was seen in the month of January 2016, however the data has yet to be announced.

The over all export scenario remained same in the first month of January, with some slight changes due to documentation process or some other procedures, but te overall picture is the same, an official said.

According to data the overall exports showed a decline of 9 percent during July-December 2015 as compare to same period previous year.

The light Industry exports showed a decline of 23 percent as exports reduced to 87 million from 114 million in July December 2014.

Rice exports decreased to 180 million in last six months of 2015, from 203 million in previous year last six months.

Surgical exports showed an increase of 4 percent during last quarter of 2015 as compare to the last quarter of 2014, while cutlery exports showed an increase of 7 percent as compare to previous year last quarter.

Furniture showed a negative growth of 23 percent while carpets, gloves and football exports showed a decline of 20 percent as compare to last six months of 2014.

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