Related Keywords: cotton cloth and yarn, current fiscal year, data released by the Pakistan Bureau of Statistics, decline in export proceeds, during the July-May period, evident in rupee terms, Knitwear, Pakistan textile and clothing exports, silk and synthetic textile exports declined, witnessed decline
Pakistan’s textile and clothing exports witnessed decline during the July-May period of 2016-17, as per data released by the Pakistan Bureau of Statistics on Tuesday. The decline in export proceeds was evident in rupee terms. Overall export proceeds in July-May were down 3.13pc to $18.540bn.
During the first 11 months of the current fiscal year textile and clothing exports decline 1.98 percent year-on-year to $11.24 mainly due to lower proceeds from raw material and low value-added products, such as cotton yarn and fabrics.
