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Related Keywords: bedwear, cotton carded, cotton cloth, cotton yarn, exports of low value added products drop, facing chronic energy shortages, govrnment failed to capitalize GSP plus status, made up articles, Pakistan textile sector, Raw cotton exports witnessed massive decline, RMG and towels grew, stuck up export refunds, textile and clothing exports plunge

The textile sector has been facing chronic energy shortages and stuck-up exports refunds due to which textile and clothing exports plunged from $9.166bn to $8.363 billion in the first eight months (July-February) of 2015-16 in the same period last year, a drop by 8.76 percent, according to Pakistan Bureau of Statistics data.

The decline in exports, from July 2014, was despite the preferential market access to the European Union as government failed to capitalize on the opportunity of Generalized System of Preferences Plus (GSP+) status.

Related Keywords: bedwear, cotton cloth export, in month of August, knitwear garment, major textile items, Ministry of Textile Industry, Pakistan textile export, PRGMA, readymade garment, registered an increase, relief package, towels

Pakistan textile exports registered an increase of 11.2 percent, a $1.11 billion in the month of August 2015 as compared to $998 million during the same period of 2014, as per data released by the Ministry of Textile Industry. According to data except cotton yarn all major textile items registered significant increase in the month of August with respect to quantity and value as well.

Related Keywords: bedwear, cotton cloth, energy shortage, GSP Plus scheme, lack of working capital, madeups, Pakistan textile export, plunge in december, PTEA, towels, value added items

Pakistan textile exports witnessed plunge of 6.38 percent in December 2014 despite the availability of GSP Plus scheme. The major factors behind the substantial drop in exports are energy shortage and lack of working capital.

According to the Pakistan Textile Exporters Association (PTEA) details, the country exported textile goods worth $1.175 billion in December against exports of $1.255 billion in the same month of previous year.

Value-added items also recorded a negative growth as cotton cloth exports declined by 13.62%, bed wear 11.54%, towels 11.39% and made-ups 10.04%.

Related Keywords: basic textile, bedwear, export growth, Knitwear, non value added, Pakistan Bureau of Statistics, Pakistan textile players, Pakistan textile sector, Pakistan value added textile, readymade garment, spinning based exports, spinning sector

Pakistan value-added textile exports has witnessed growth by 10pc touching $2.3bn in the first quarter (July-September) of this fiscal year compared with $2.1bn a year ago. While on the other hand, spinning-based exports (non-value added) continue to decline by 15pc to $1.2bn from $1.4bn which were offset by higher exports of valued-added segment (bedwear, knitwear and readymade garments) as per the latest data released by the State Bank of Pakistan.

Related Keywords: 5.3 percent rise, bedwear, cotton cloth, European Union, GSP Plus status, Knitwear, Pakistan Bureau of Statistics, Pakistan textile export, raw cotton, readymade garment

The GSP Plus status granted to Pakistan by the European Union (EU) has boost textile export, a rise of 5.3 percent reaching the figure to $13.74 billion during last fiscal year (July 2013 to June 2014), as compared to $13.05 billion of the preceding year (July 2012 to June 2013), according to the Pakistan Bureau of Statistics (PBS) latest figures released on Wednesday.