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Rise in Pakistan garment exports

Pakistan’s exports of readymade garments during the first four months of the current fiscal year grew 12 per cent.Knit wear exports were up by 9.49 per cent. Bed wear exports were up 5.72 per cent. Exports of textile products showed an increase of 4.10 per cent. Exports of raw cotton came down in the first four months. The country's merchandise trade deficit plunged by 33.52 per cent during the first four months of the current fiscal year. Exports during the period grew 3.81 per cent. On the other hand, imports into the country witnessed a decline of 19.21 per cent. On a yearly basis exports of the country increased by 6.75 per cent from October 2018 to October 2019. Imports declined by 15.14 per cent from October 2018 to October 2019. On a month-on-month basis, exports of the country increased by 14.41 per cent in October 2019 when compared to September 2019. On the other hand, imports into the country witnessed an increase of 7.64 per cent.

Exports of raw cotton during October 2019 increased by 0.78 per cent compared to October 2018. Cotton carded or combed 100 per cent yarn other than cotton yarn grew by 21.24 per cent.

 
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