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Pakistan exports cotton yarn worth $1.134b in FY 2016-17

The latest data released by Pakistan Bureau of Statistics reveals cotton yarn valued at $1.134 billion was exported during 11 months of last fiscal 2016-17 as against the corresponding period last year. During the period from July-May, 2016-17, about 4,13,749 metric tons of cotton yarn valued at $1.134 billion was exported as compared to exports of 3,92,302 metric tons valued at $1.176 billion during the same period last year. Exports of cotton yarn during the period under review decreased by 3.64 per cent, as against exports during the same period last year, however exports of cotton carded recorded an increase of 71.94 percent touching $2, 39,000 as against exports of $14,000 during same period last year. In last 11 months, 237 metric tons of cotton carded or combed was exported from the country as against the 143 metric tons during same period last year.

During the period from July-May, 2016-17, about 23,451 metric tons of raw cotton worth $40.169 million was exported as compared to exports of 48,961 metric tons valued at $75.996 million during the same period of last year.

Bed wear exports from the country grew 3.22 per cent and touched $1.922 billion, as against exports of $1.86 billion during the same period last year. In last eleven months of the fiscal 2016-17, about 3,18,070 metric tons of bed wear were exported as against the exports of 3,03,054 metric tons during same period last year.

However, textile group exports from the country during last 11 months of financial year 2016-17 had recorded 1.98 percent negative growth and were recorded at $11.234 billion as compared to exports of $11.46 billion during the same period last year.

 
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