Pakistan’s exports of readymade garments increased by 6.6 per cent during the first three months of the current fiscal year as compared to the same period last year. However, on a month-on-month basis, exports declined by 11.95 per cent from August to September 2015.

Towel exports witnessed an increase of 8.92 per cent in July to September against the same period of last year. On a year-on-year basis towel exports witnessed a slight decrease of 0.56 per cent. About 42,952 metric tons of towels worth $201.54 million were exported during the first three months of the current year whereas 39,016 metric tons of towels worth $185.029 million were exported during the same period last year.

On a month-on-month basis, towel exports were recorded at 14,183 metric tons worth $69.957 million in September 2015 as compared to 12,910 metric tons worth $64.464 million in August 2015. From January to July 2015, the value of Pakistan’s garment exports to the European Union witnessed a growth of 26.78 per cent in euro terms. In quantity terms, exports of garments increased by 6.48 per cent.

Textiles alone constituted around 80 per cent of total exports to the EU during January to July 2015.