Pakistan textile and clothing exports witnessed drop of 16pc in March 2015

Pakistan textile and clothing exports in March 2015 witnessed a negative growth of 16.23 per cent to $1.033 billion from $1.233bn in the same month last year. The fall was witnessed for the second consecutive month, after posting a positive growth of 10.23pc in January 2015 as per Pakistan Bureau of Statistics data.

During the first nine months (July-March) of 2014-15, the exports of textile and clothing also witnessed a negative growth of 1.57pc.

Product-wise details show that export of low value-added products, such as cotton yarn, dropped by 29.36pc; yarn other than cotton yarn 31.04pc and made-up textile excluding towels by 13.62pc.; cotton carded 35.77pc and cotton cloth by 14.45pc. The export of art, silk also dipped by 24.87pc

Moreover, raw cotton export witnessed a steep decline of 85.72pc during the month from a year ago.

Exports of value-added products also witnessed a decline during the month. Export of knitwear decreased by 7.41pc, readymade garments by 5.20pc, bedwear dropped by 16.84pc and towels by 19.03pc.

However, only tents exports witnessed a growth of 42.38pc during the month.

Total exports stood at $17.930bn in July-March 2014-15 as compared to $19.072bn in the same period last year, a decline of 5.99pc.

Recent Posts

LYCRA showcases renewable fiber innovations

The LYCRA Company is presenting a range of new fibre technologies, focusing on performance, comfort and the use of recycled…

2 days ago

DITF explores converting wind turbine blades into textile fibers

The German Institutes of Textile and Fiber Research Denkendorf is exploring how retired wind turbine blades could be turned into…

2 days ago

Corn, beeswax-based textile treatment to offer PFAS finishes alternative

University of Texas has developed a textile treatment made from corn-derived protein and beeswax to help fabrics resist water and…

2 days ago

Researchers develop selective recycling process for polyester blends

Researchers have developed a recycling process to break down polyester in blended textiles while preserving cotton and spandex present in…

3 days ago

Aalto researchers remove dye from cotton for recycling

Researchers have developed a two-step process that can remove up to 99.3% of colour from reactive-dyed cotton while keeping most…

3 days ago

Indorama Ventures partners to launch biodegradable wash mitt

Schülke, Nitto, Indorama Ventures and Polymateria have launched a new biodegradable disposable wash mitt in Germany, Switzerland, Austria and Spain.

3 days ago