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Textile exports down by 10.7% to $1.05 billion in Oct

byMatiur Rehman
24/11/2015
in Business
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ISLAMABAD: The country’s textile exports decreased by 10.69 per cent to $1.05 billion in October 2015 as against $1.18 billion of the same month of last year, down 10.69 percent.

According to the Pakistan Bureau of Statistics (PBS), all major textile goods export showed decline including raw cotton (down by 52.92pc), cotton yarn (28.78pc), cotton cloth (1.79pc), cotton carded (99.27pc), yarn (39.11pc), knitwear (9.5pc), bed wear (8.9pc), towels (18.14pc), tents (14.21pc), readymade garments (0.36pc) and art, silk and synthetic textile (21.9 pc), during the month of October over a year ago.

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Meanwhile, according to the PBS figures, Pakistan’s textile exports had come down to $4.3 billion during first four months (July-October) of the ongoing financial year 2015-2016 from $4.6 billion of the corresponding period of the previous year.

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