ISLAMABAD: The textile exports from the country have increased by 8.13 percent to $11.13 billion during July – April 2017/2018 as compared with $10.29 billion in the corresponding period of the last fiscal year.
According to data released by Pakistan Bureau of Statistics (PBS) the textile exports had increased on back of incentives provided by the government through rebates and exemptions.
The exports of knitwear are the major components in textile exports as this product fetched $2.2 billion during first ten months of the current fiscal year as compared with $1.92 billion in the corresponding period of the last fiscal year, posting 14.7 percent growth.
Similarly, the exports of readymade garments posted 12 percent growth to $2.12 billion during the period under review as compared with $1.89 billion in the corresponding period of the last fiscal year.
