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Pakistan's woven exports fall

Pakistan's weaving and spinning sectors registered a drop in exports by 2.37 per cent in July due to erratic power supply. The weaving sector operated at 60 per cent of its production capacity. But the share of textiles in total exports of Pakistan improved by 64 per cent. Yarn exports dived by 35.32 per cent in July 2014. Exports of fabric dropped 43 per cent in quantity and 8.13 per cent in value. Exports of knitwear, bed wear, towels and readymade garments increased by 21.66 per cent, 14.54 per cent, 7.43 per cent and 3.76 per cent.

Exports dropped by 7.8 per cent in July 2014 compared to July 2013. If the basic textile sector is not revived, the value-added sectors of textiles would come under pressure, which buy raw materials from the former. The ongoing political turmoil in the country would badly impact exports in August.

Pakistan’s textile and apparel industry consists of ginning, spinning, man-made fiber, weaving, finishing, apparel, terry towel, tarpaulin and canvas, and knitwear machinery sectors. The textile and apparel industry as a whole employs 40 per cent of total industrial workers and accounts for 46 per cent of total manufacturing. There are a little more than 1,220 ginning units, featuring an installed capacity of 20 million bales of cotton. The spinning sector comprises 408 spinning units. The country has 10 man-made fiber units.