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Pakistan’s textile exports rise by 17.35% from July-April 2020-21

  

Pakistan’s textile exports increased by 17.35 percent during the first 10 months of the current fiscal year as compared to the corresponding period of the last year. On a year-on-year basis, textile exports surged by 213 percent.

In the July-April (2020-21) period, Pakistan’s textile exports were recorded at $12,692.840 million in July-April (2020-21) against the exports of $10,816.276 million in July-April (2019-20), showing growth of 17.35 percent, according to latest data of Pakistan Bureau of Statistics (PBS). The textile commodities that contributed in trade growth included knitwear, exports of which increased from $2,392.064 million last year to $3.126.095 million during the current year, showing growth of 30.69 percent.

Likewise, the exports of yarn (other than cotton yarn) increased by 22.42 percent, from $22.051 million to $26.995 million whereas, exports of bed wear increased by 24.66 percent from $1,838.449 million to $2,291.779 million. The exports of towels increased by 27.18 percent, from $610.696 million to $776.708 million; exports of tents, canvas and tarpulin grew by 21.86 percent, from $78.556 million to $95.725 million; readymade garments by 12.56 percent, from $2,231.697 million to $2,512.021 million; made-up articles, excluding towels and bead wear by 22.22 percent, from $513.405 million to $627.479 million while the exports of art, silk and synthetic textile increased from $272.919 to $301.634 million, showing growth of 10.52 percent.

Meanwhile, the commodities that witnessed negative growth in trade included raw cotton, exports of which decreased by 96.51 percent, from $17.002 million to $0.593 million; cotton yarn decreased by 4.03 percent, from $858.580 million to $823.948 million whereas the exports of cotton cloth also decreased by 1.24 percent, from $1,601.650 million to $1,581.564 million. The exports of all other textile materials also increased by 39.24 percent, from $379.362 million to $528.225 million, the PBS data revealed.

 
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