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Pakistan’s textile exports down 8 per cent

Pakistan’s textile exports declined by 8.76 per cent during the first eight months of the current fiscal year. Raw cotton exports declined by 46.58 per cent, cotton yarn exports by 32.80 per cent and cotton cloth exports by 10.69 per cent. Cotton carded or combed exports fell by 98.12 per cent, yarn other than cotton yarn export dwindled by 21.20 per cent.

Similarly there was a fall in exports of knitwear, bed wear, canvas and tarpaulin, art, silk and synthetic textiles, and made-up articles in the same period. However, exports of towels, readymade garments and other textile materials increased when compared to the same period of last fiscal year.

Textile exports in February 2016 compared to February 2015 declined by 5.30 per cent. Cotton yarn exports declined to 106 million dollars in February 2016 from $171 million in February 2015, cotton cloth fell to $183 million from $220 million, towels to $60 million from $66 million and raw cotton from $717 million from $672 million.

Made-up article (excluding towels and bed wear) exports fell to $48 million in February 2016 as compared to $57 million for the same month of last fiscal year.

 
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