The exports of cotton yarn increased by 35.96 percent during the first month of current fiscal year compared to the exports of the same month of last year, Pakistan Bureau of Statistics (PBS) reported.
Exports of the commodity during July 2023 were recorded at $97.032 million as compared to the exports of $71.365 million in July 2022, according to the latest PBS data.
Meanwhile, on month-on-month basis, the exports of cotton yarn however decreased by 9.40 percent in July 2023 when compared to the exports of $107.097m in June 2023. It is pertinent to mention here that the trade deficit witnessed a decline of 41.16 percent during the first month of the current fiscal year (2023-24) as compared to the corresponding month of last year.—APP
