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Pakistan textile exports rise 3pc to $1.006 bn in July

Related Keywords: compared same month a year ago, Exports of bed wear remained flat, incentive package, knitwear export, Pakistan Bureau of Statistics, Pakistan government, posted major growth, Readymade garment exports, revive wilting foreign exchange revenue spinner, textile export sector, textile exports increased by three percent, year on year basis in July

Pakistan government’s incentive package for the export sector seemed to revive the wilting foreign exchange revenue spinner, its textile exports has increased by around three percent year-on-year to $1.006 billion in July as compared to textile exports of $979.414 million in the same month a year ago recorded Pakistan Bureau of Statistics (PBS).

Pakistan focusing on textile exports to improve its financial status

Related Keywords: enhance energy supply, knitwear export, Pakistan textile exports, readymade garment export, signed agreement, Tadjikistan and Kirghizistan

Pakistan has signed an agreement with Tadjikistan and Kirghizistan at the beginning of December to enhance the country’s energy supply. With the improvements underway, Pakistan is looking to increase its textile exports over the next nine years, and hopes to increase 2013’s €466m profit further with predictions for $26bn profit in textile exports by 2023.

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