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Except RMG and towel, Pakistan’s textile exports decline

Despite enjoying GSP+ status to the EU, textile exports from Pakistan decline, except the towel and readymade garments reporting a growth of just 4.17 per cent ($10.712 million) and 4.10 per cent ($26.8 million), respectively in July-October 2015/16.

Cumulative textile exports, in the second quarter of this financial year declined by 7 percent or $316 million to $4.271 billion from $4.587 billion in the same period last fiscal year, Pakistan Bureau of Statistics (PBS) said. Quantity of towel export also mounted by 7.07 per cent or 3, 758 metric tons to 56,948 metric tons in July-October 2015/16 from 53,190 metric tons in the same period last fiscal year. Readymade garments export, in term of volume, however declined by 7.24 per cent or 3, 071,000 dozens to 6,948,000 dozens from 10,019,000 dozens, the PBS shows.

Bed-wear export declined by 8.02 per cent or $58.773 million to $674.567 million from $733.340 million and volume by 8 per cent or 28, 743 metric tons to 104,889 metric tons from 133,632 metric tons. Knitwear exports dipped by 2.16 per cent or $18.079 million to $820.299 million from $838.378 million, and, in term of quantity, by 3 per cent or 1,018,000 dozens to 36,289,000 dozens from 35,271,000 dozens. Export of cotton cloth slumped by 9 per cent or $73.373 million to $761.813 million from $835.186 million, and volume by 8 per cent or 52, 523metric square meters to 619,252 square meters from 671,775 square meters.

Cotton yarn export declined by 21.04 per cent or $134.322 million to $504.209 million from $638.531 million and quantity by 14.37 per cent or 3, 2248 metric tons to 192,193 metric tons from 224,441 metric tons. Exports of raw cotton by 10.21 per cent down, cotton carded or combed by 98 per cent, yarn other than cotton yarn by 23 per cent, tents, canvas and tarpaulin by 49 per cent, art, silk and synthetic textile by 20 per cent, made-up articles by 0.17 per cent and other textile goods by 2.16 per cent respectively.

www.pbs.gov.pk

 
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