Textile exports increase by 5.30pc

ISLAMABAD           -             Textile exports of the country during first eight months of current financial year (2019-20) grew by 5.30 per cent as compared to the corresponding period of last year. During the period from July- February 2019-20, textile products worth $ 9,373,400 million were exported against $8,901,495 million during the same period of last year. According to the data released by Pakistan Bureau of Statistics, the exports of raw cotton increased by 9.94 per cent to about 9,392 metric tons valuing  $16,801 million during the period under review as compared to 34.38  metric tons worth $15,282  million last year. Similarly, 283,860 metric tons yarn other than the cotton yarn worth $737,418 million was exported during the first eight months of current financial year against 6.70 metric tons valuing $743,799 million last year.

Likewise, the knitwear exports also recorded positive growth of 7.79 per cent during the period under review. Knitwear products worth $2,090,275 million were exported as compared to $1,939,134   million last year.

 

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