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Related Keywords: clothing export, cost of doing textile business, cotton fabric export, cotton yarn in Pakistan, Pakistan’s textile industry, Textile Mills Association, textile value chain, yarn export

High cost of doing business has started hitting textile industry of Pakistan severely as further closure of operations of the textile mills have been reported to the association, said Tariq Saud, Chairman of All Pakistan Textile Mills Association (APTMA).

In November 2015, exports of cotton yarn and cotton fabric declined by 45% and 22%, respectively against the corresponding period in quantitative terms, which is an overall decline by 15% in value.

Related Keywords: clothing export, Pakistan textile export, raw cotton

Pakistan textile and clothing export has touched $10.384 billion in the first nine months of the current fiscal year (July-March period), a growth of seven percent over the corresponding period last year as per Pakistan Bureau of Statistics. The increased growth was seen mainly due to rise in export of raw cotton and low value-added products. Raw cotton export witnessed an extensive growth of 43.48percent.