The textile exports from the country increased by 2.94 per cent in April against the exports of same month of last year.
The exports of textile group in April were recorded at $1.081 billion against the exports of $1.05 billion in April 2014, according to the Pakistan Bureau of Statistics (PBS).
Similarly, on month-on-month basis the textile group exports in April also increased by 4.6 per cent from $1.033 billion in March 2015 to $1.081 billion in April.
The exports of textile group during first 10 months of the year 2014-15, however, decreased by 1.21 per cent as compared to the exports of same period of last year.
The overall textile group exports during the period under review were recorded at $11.281 billion as compared to the exports of $11.42 billion in July-April (2014-15).
The textile products that witnessed increase in trade included cotton carded or combed export of which increased by 2.49 per cent, by going up from $6.1 million last year to $6.253 million this year.
Exports of yarn other than cotton yarn also increased by 5.40 per cent from $35.61 million last year to $37.532 million this year while the exports of knitwear increased by 7.76 per cent from $1.839 billion to $1.982 billion.
According to PBS data, exports of towels during the period under review increased by 3.2 per cent to $650.064 million from $629.881 million during last year. The exports of tents, canvas and tarpaulin also surged by 73.26 per cent from $65.797 million during July-April 2013-14 to $114.001 million during July-April (2014-15), whereas the exports of readymade garments increased by 9.14 per cent from $1.5778 billion to $1.722 billion.
The products that witnessed negative growth in exports included raw cotton exports of which declined by 26.22 per cent, from $196.128 million to $144.695 million. The exports of cotton yarn decreased from $1.716 billion to $1.587 billion, showing a decrease of 7.5 per cent while exports of cotton cloth decreased from $2.346 billion to $2.088 billion showing decrease of 10.98 per cent.
The overall textile export was $ 11.281 by Pakistani exporters, compared to just garment export worth of $25.00 billion by BD during the same period. If you add other textile products, it will increase. When BD got separated from us, many analysts were skeptical, it will survive as an independent country or not ? how long are they going to be dependent on jute – there golden crop. Today, they are much ahead in economic terms than us. There dollar to Taka is much stable than us. Their remittance is also much better than us. So, what do you have to say ? Shame on us.
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