+917718880355

news

Pakistan textile exports declined 1.74pc to $8.214 bn in July-Feb

YarnsandFibers News Bureau 2017-03-22 17:00:00 – Karachi

Pakistan textile exports in the first eight months of the current fiscal year of 2016/17 declined by 1.74 percent to $8.214 billion as improvement in exports from value-added sector arrested a major revenue setback during this period, as per official data.

According to Pakistan Bureau of Statistics (PBS), textile exports fetched $8.359 billion for the country during the corresponding period of the past fiscal year.

Knitwear exports remained almost flat at $1.561 billion in July-February 2016/17, while bedwear exports increased by 5.07 percent to $1.405 billion. Exports of readymade garments rose to 4.3 percent to $1.499 billion.

While Cotton cloth exports decreased 6.26 percent to $1.392 billion. Exports of raw cotton nearly halved in the period under review.

In February, textile exports slid 6.48 percent month-on-month and 2.53 percent year-on-year $995 million, the PBS data said.

On import side, Machinery imports accounted for 20 percent of the total imports of $33.494 billion during the period under review, standing at $7.811 billion, up 42.36 percent over the previous fiscal year.

Please Login to comment

Market Intelligence

Ask for free sample Report


why us?
21 yrs

experience

Fortune 500

Customer Base

100%

dedicated team

55+

Countries Served Worldwide


newsletter

Register below to receive our newsletters with latest industry trends and news!