Garments export increase 2.15pc in July

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The export of ready made garments from the country during the month of July 2012 has registered a growth of 2.15 percent as compared to the same month of last year. The export of garments witnessed growth in dollars term as different varieties of garments worth $ 163.375 million were exported during July 2012 as against the export of $ 159.93 million of same month last year. According the data of Pakistan Bureau of Statistics (PBS), other textile materials posted positive growth of 50.83 percent in first month of financial year 2012-13 and reached at $ 33.175 million as compared with to the last year’s $ 21.99 million. Tents, canvas and trpulin export increased by 63.22 percent during the period under review as the country earned US$ 7.735 million against the last year’s $ 4.73 million. The export of art, silk and synthetic textile also increased by 12.58 percent during July 2012 as about $ 36.37 million added in the national exchange reserves against $ 17.11 million of same period last year.