Pakistan’s T&C exports cross $10 billion?

Pakistan’s T&C exports cross $10 billion?

The exports of textiles and garments from Pakistan earned US$ 10.207 billion in the first nine months of fiscal year 2014-15 that began on July 1, 2014, according to the data released by the Pakistan Bureau of Statistics.

The exports of textiles and garments from Pakistan earned US$ 10.207 billion in the first nine months of fiscal year 2014-15 that began on July 1, 2014, according to the data released by the Pakistan Bureau of Statistics. However, the value of textile and apparel exports during the nine-month period was 1.57 per cent lower compared to exports of $9.136 billion in the corresponding period of previous fiscal.

In July-March 2014-15, Pakistan’s knitwear exports grew by 7.54 per cent year-on-year to $1.791 billion, while exports of non-knit readymade garments were up by 8.51 per cent to $1.548 billion. Raw cotton exports fetched $142.031 million in the nine-month period, showing a drop of 21.94 per cent compared to exports of $181.956 million made during the corresponding period of previous fiscal. Likewise, cotton yarn exports fell by 7.48 per cent to $1.46 billion, as against exports of $1.578 billion made during the same period last fiscal. Exports of cotton fabric dropped 12.62 per cent to $1.859 billion during the period under review, while bedwear exports declined by 2.4 per cent to $1.569 billion, the data showed.

The increase in exports of garments along with a decline in exports of raw cotton, yarn and fabric, however, is a good sign for Pakistan’s value-added textile industry, as the country is exporting more finished goods compared to last fiscal. On the other hand, Pakistan’s import of synthetic fibre surged 25.1 per cent year-on-year to $391.594 million, whereas imports of synthetic and artificial silk yarn witnessed a growth of 8.39 per cent to register $492.231 million. This shows that textile enterprises have increased the use of synthetic fibre and yarn in recent months.

Meanwhile, the value of textile machinery imports made by Pakistan during the period decreased by 21.22 per cent year-on-year to $336.097 million, which points at lower intent of entrepreneurs to invest in the industry. In 2013-14, Pakistan textiles and garment exports grew by 5.3 per cent year-on-year to US$ 13.738 billion, with knitwear and woven garment exports registering a growth of 10.53 per cent and 8.67 per cent, respectively.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (18)
  • comment-avatar

    I appreciate you sharing this blog.Really looking forward to read more. Really Great. crackstreams horse racing

  • comment-avatar
    wow gold 3 months

    Dear immortals, I need some wow gold inspiration to create.

  • comment-avatar

    prescription vs over the counter allergy pills for rash allergy pills non drowsy

  • comment-avatar

    buy generic prednisone over the counter buy prednisone 5mg without prescription

  • comment-avatar

    top rated heartburn prescription order glimepiride 4mg online

  • comment-avatar

    best doctor prescribed acne medication buy generic omnicef best pills to treat acne

  • comment-avatar

    order absorica online isotretinoin 20mg uk order isotretinoin 20mg pill

  • comment-avatar

    purchase amoxil for sale amoxicillin pills generic amoxil 250mg

  • comment-avatar

    buy azipro generic azipro 500mg price order azithromycin 500mg online cheap

  • comment-avatar
  • comment-avatar

    amoxil 1000mg tablet order amoxicillin 500mg pills amoxicillin 500mg sale

  • comment-avatar
  • comment-avatar

    augmentin 1000mg canada order augmentin online cheap

  • comment-avatar

    buy zanaflex for sale buy generic tizanidine for sale order tizanidine generic

  • comment-avatar

    clomiphene over the counter clomid 50mg over the counter purchase clomiphene without prescription

  • comment-avatar

    order semaglutide 14mg generic buy semaglutide pills semaglutide 14mg over the counter

  • comment-avatar

    buy cenforce order cenforce generic buy cenforce online cheap

  • comment-avatar

    cialis and pharmacy CanadianPharmacyOnlineToUsa.com Canadian Pharmacy Online
    buy cialis online canada pharmacy [url=http://canadianphrmacy23.com/]northwest pharmacy canada[/url]

  • Disqus (0 )