Textile exports up by 2.94% to $1.05b in April

ISLAMABAD: The country has witnessed 2.94 per cent growth textile export in April as compare to the exports of same period of the previous year.

According to Pakistan Bureau of Statistics (PBS), the textile exports in April increased to $1.081 billion against the exports of $1.05 billion in April 2014. Similarly on month on month basis the textile group exports in April also increased by 4.6 percent from $1.033 billion in March 2015 to $1.081 billion in April.

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The exports of textile group during first 10 months of the year 2014-15 however decreased by 1.21 percent as compared to the exports of same period of last year. The overall textile group exports during the period under review were recorded at $11.281 billion as compared to the exports of $11.42 billion in July-April (2014-15).

The textile products that witnessed increase in trade included cotton carded or combed export of which increased by 2.49 percent, by going up from $6.1 million last year to $6.253 million this year.