According to the data published by the Pakistan Bureau of Statistics (PBS) indicated that the country’s textile exports declined by 0.09 per cent to $12.315 billion in the first 11 months of the current fiscal year.
This decline came amid a massive slump in exports of non-value added segments including raw cotton which declined by 67.19pc to $18.876 million, cotton yarn by 16 per cent to $1.048 billion, and cotton cloth 3.65 per cent to $1.94 billion.
On the other hand, value-added segment posted a 5 per cent growth during the cumulative period as exports of knitwear grew by 9 per cent to $2.45bn, bed wear by 2 per cent to $2.08 billion, readymade by 4per cent to $2.44bn whereas exports in the towels fell by 1per cent to $731million and tents and canvas by 3 per cent to $78 million.
