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Monday, 20 December 2021 11:55

Pakistan textile and apparel exports up 28 per cent

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Pakistan’s textile and clothing exports grew 28 per cent from July 2021 to November 2021. This was mainly on the back of a massive depreciation in the currency’s value and a steady rise in global demand. The year-on-year growth in November 2021 was 35 per cent, reveals Pakistan Bureau of Statistics.

Readymade garment exports jumped 23.4 per cent in value and 23.6 per cent in quantity during July to November, while exports of knitwear edged up 36.6 per cent in value but dipped 14 per cent in quantity. Bedwear exports grew 23.6 per cent in value and 23.9 per cent in quantity. Towel exports were up by 18 per cent in value and 9.4 per cent in quantity, whereas those of cotton cloth rose by 22.3 per cent in value and 16.2 per cent in quantity.

Among primary commodities, cotton yarn exports surged 65.5 per cent and those of yarn made from material other than cotton by 118.8 per cent. Exports of made-up articles — excluding towels — rose by 15 per cent while those of tents, canvas and tarpaulin dipped by an equal percentage during the period. Imports of textile machinery jumped 97.9 per cent from July to November, reflecting expansion or modernisation in the textile industry.