Textile exports grew 7.91 pc in first quarter

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Islamabad

The textile group exports from the country during first quarter of current financial year witnessed about 7.91 percent increase as compared the exports of the corresponding period of last year. Textile group products worth US$ 3.257 billion were exported during the period from July-September 2017-18 as compared the exports of US$ 3.018 billion of same period last year, according the latest data released by the Pakistan Bureau of Statistics.
During first three months of current financial year, raw cotton exports from the country grew by 69.70 percent as about 17,552 metric tons of raw cotton exported as compared the exports of 10,200 metric tons of same period last year, it added.
Raw cotton worth US$ 29.624 million were exported during July-September, 2017-18 as against the exports of US$ 17.457 million of corresponding period of last year, the data reveled.
Meanwhile, cotton yarn worth US$ 320.346 million were exported in first quarter of current financial year as against the exports of US$ 306.958 million of same period last year, the data added.
According the data, about 123,346 metric tons of cotton yarn exported in last three months of current financial year as compared the exports of 107,122 metric tons of same period of last year.
During first quarter, exports of knitwear exports increased by 9.35 percent and about 29,674 thousand dozens of knitwear worth US$ 647.650 million exported as compared the exports of 25,708 thousand dozens valuing US$ 592.277 million of the same period last year.
About 91,147 metric tons of bed wear valuing US$ 566.963 million exported in first quarter as compared the exports of 89,559 metric tons worth of US$ 528.912 million of same period of last year, the data added. During first quarter of current financial year, about 40,307 metric tons of towels worth US$ 180.217 million exported as compared the exports of 42,287 metric tons valuing of US$ 178.596 million of same period last year, hence showing an increase of 0.9 percent.—APP

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