Textile group exports from the country during the first two quarters of current financial year posted a positive growth of 8.55 percent as different textile products worth US $ 6.4 billion were exported against US $ 5.9 billion in the same period last year.
According to latest figures released by the Pakistan Bureau of Statistics (PBS), exports of cotton yarn during the period from July-December 2012 grew by 39.0 percent as compared to the same period last year. During the period under review, the country earned US $ 1.09 billion by exporting about 366,108 metric ton cotton yarn which was recorded at 2,417,738 metric ton worth US $ 0.7849 billion in the first 6 months of the last financial year.
Meanwhile, the exports of cotton cloth from the country increased by 12.08 percent and about 912,134 thousand SQM cotton cloth worth US$ 1.295 billion was exported as compared 928,693 thousand SQM cotton cloth worth US $ 1.156 billion in the same period last year, it added.
During the period from July-December 2012 about 8,076 metric tons of yarn other than cotton yarn was exported which was up by 53.94 percent against the exports of the period from July-December 2011.
The country added US $ 26.44 million by exporting yarn other than cotton which was recorded at US$ 17.176 million in the same period of last financial year, the data revealed.
Other textile products which registered positive growth in their exports included knitwear by 0.19 percent, towels by 12.77 percent while bed wear exports decreased by 7.16 percent, the data added. The textile group products exports which went down during the first six months of current financial year included raw cotton, by 51.46 percent, and cotton carded or combed, by 85.13 percent, it added.
Textile group exports increase by 8.55 percent in six months
