Pakistan: Textile exports increased by 23.65%
The Federal Statistics Bureau (FBS) recently stated that, there has been a 23.65 percent rise in the Pakistani textile exports for the initial four months (July-October) of the current fiscal which have reached $4.107 billion as compared to $3.321 billion worth of exports, registered during the same period last fiscal.
Egytex News Desk
Source: www.fibre2fashion.com
As revealed by FBS, the cotton cloth exports for the period under consideration grew by 26.57 percent to touch $733.9 million, up from the $579.8 million exports recorded during the same period last year.
Meanwhile, knitwear exports showed an increase of 21.39 percent and were recorded at $753.9 million against $621 million last year.
Other textile export segments like towels, bedwear and readymade garments too registered a growth of 13.64 percent, 14.78 percent and 38.41 percent respectively.
According to the experts, the speed at which textile exports have grown in the initial four months of current fiscal, would make it possible for the sector to achieve the export target of $10.64 billion, set for the current fiscal.
The textile exports for last fiscal were registered at $10.244 billion as against $9.572 billion worth of exports in 2008-09.
Source: www.fibre2fashion.com
From the Egytex news archive, first published on 30 November 2010. Figures and names are as reported at the time.
