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Nominal decline seen in Pakistan textile, clothing exports

Related Keywords: cotton cloth and yarn dropped, exports of cotton yarn, Exports of readymade garments rose, knitwear dropped, low value added products, mainly due to lower proceeds from raw material, Pakistan textile and clothing, Product-wise show, recorded a nominal decline in exports, such as cotton yarn and fabrics, witnessed a year on year decline

Pakistan’s textile and clothing recorded a nominal decline in exports mainly due to lower proceeds from raw material and low value-added products, such as cotton yarn and fabrics.

According to data released by the Pakistan Bureau of Statistics on Monday showed the decline in export proceeds to 0.92 percent year-on-year to $10.29 billion in July-April. Exports of value-added products grew during the 10 months in terms of both value and quantity.

Pakistan textile exports declined 1.74pc to $8.214 bn in July-Feb

Related Keywords: arrested a major revenue setback, as per official data, bedwear exports increased, Cotton cloth exports decreased, during this period, Exports of readymade garments rose, first eight months of the current fiscal year, improvement in exports from value-added sector, Knitwear exports remained almost flat, Pakistan textile exports declined

Pakistan textile exports in the first eight months of the current fiscal year of 2016/17 declined by 1.74 percent to $8.214 billion as improvement in exports from value-added sector arrested a major revenue setback during this period, as per official data.

According to Pakistan Bureau of Statistics (PBS), textile exports fetched $8.359 billion for the country during the corresponding period of the past fiscal year.

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