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Pakistan's textile exports plummet in October

Related Keywords: cost of textile production in Pakistan, Global textile market, high cost of electricity, incentives to their textile sector, Pakistan’s textile exports, textile industrialists, textile industry of Pakistan

In October 2015, Pakistan’s textile exports declined by over 10 per cent as compared to the same month last year mainly due to continuous energy shortage, high cost of production and declining prices globally.

According to the latest figures of the Pakistan Bureau of Statistics (PBS), Pakistan’s textile exports were $1.05 billion in October 2015 as against $1.18 billion of the same month of last year, down 10.69 percent.

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