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Related Keywords: bedwear, cotton cloth export, in month of August, knitwear garment, major textile items, Ministry of Textile Industry, Pakistan textile export, PRGMA, readymade garment, registered an increase, relief package, towels

Pakistan textile exports registered an increase of 11.2 percent, a $1.11 billion in the month of August 2015 as compared to $998 million during the same period of 2014, as per data released by the Ministry of Textile Industry. According to data except cotton yarn all major textile items registered significant increase in the month of August with respect to quantity and value as well.

Related Keywords: bed wear, cotton cloth, double digit growth, in August, Knitwear, mainly driven by substantial increase in export proceeds, Pakistan textile export, PBS data, raw cotton, readymade garments, towels, yarn

Pakistan’s textile exports after witnessing downward trend for last several months has seen double digit growth of 11.24 percent in August 2015 as per data of Pakistan Bureau of Statistics (PBS) released on Monday. The unprecedented growth was mainly driven by substantial increase in export proceeds of raw cotton, cotton cloth, yarn, knitwear, bed wear, towels and readymade garments.

Exports of textile and clothing recorded at $1.02 billion in the previous month as against $889 million of a year ago.

Related Keywords: bedwear, cotton cloth, energy shortage, GSP Plus scheme, lack of working capital, madeups, Pakistan textile export, plunge in december, PTEA, towels, value added items

Pakistan textile exports witnessed plunge of 6.38 percent in December 2014 despite the availability of GSP Plus scheme. The major factors behind the substantial drop in exports are energy shortage and lack of working capital.

According to the Pakistan Textile Exporters Association (PTEA) details, the country exported textile goods worth $1.175 billion in December against exports of $1.255 billion in the same month of previous year.

Value-added items also recorded a negative growth as cotton cloth exports declined by 13.62%, bed wear 11.54%, towels 11.39% and made-ups 10.04%.

Related Keywords: China Free Trade Agreement, clothing and textiles, export to EU, GSP Plus status, home textile sector, Pakistan textile export, Pakistan textile industry

Pakistan textile remained the major beneficiary of the Generalized Scheme of Preferences (GSP) Plus arrangement. During January-April 2014, Pakistan textile exports to the EU increased to $1.74 billion from $1.44 billion during the same period in 2013.

Related Keywords: GSP Plus facility, Pakistan textile export, Pakistan textile exporters association, Pakistan textile industry, Policymakers, Sheikh Ilyas Mahmood

Pakistan textile exports recorded a 2.37% decline in July over the same month of the previous fiscal year and a month-on-month drop of 7.89% in July alone. Power crisis was the major reason for the decline in exports as 50% of the industry’s production capacity took a hit due to the lack of energy supply.

Textile exports has witnessed and it is likely that the export numbers in the coming months might get even uglier as the textile industry in Punjab has remained deprived of fuel, as per Sheikh Ilyas Mahmood, the PTEA chairman

Related Keywords: blended polyester, cotton, export of textile products, FBR, FOB value on export, Global textile market, notifed new DBK, Pakistan textile export, woven fabric, woven garment

Pakistan eyeing bigger share of global textile market, the Federal Board of Revenue (FBR) has notified new rates of duty drawback on export of textile and allied products. According to notification (SRO754 of 2014) issued on Tuesday, the new rates will be effective from Aug 21.

The FBR has also issued another notification to allow new rates of duty drawback to exporters retrospectively from Jan 1 as well.
In the current budget, the Pakistan government announced textile package to be effective from July 1 to provide relief for the textile exporters.

Related Keywords: 5.3 percent rise, bedwear, cotton cloth, European Union, GSP Plus status, Knitwear, Pakistan Bureau of Statistics, Pakistan textile export, raw cotton, readymade garment

The GSP Plus status granted to Pakistan by the European Union (EU) has boost textile export, a rise of 5.3 percent reaching the figure to $13.74 billion during last fiscal year (July 2013 to June 2014), as compared to $13.05 billion of the preceding year (July 2012 to June 2013), according to the Pakistan Bureau of Statistics (PBS) latest figures released on Wednesday.
 

Related Keywords: cotton, Pakistan textile export, Pakistani textile sector, textile economy, textile policy

The Government of Pakistan seems to increase its participation in the shaping of textile economy of the country. In the yesteryear viz. 2012-2013, the textile sector had obtained a payout of Rs.2 billion. But the one year performance of the textile industry has invoked the government to make as increase in the investment upto Rs. 3.5 billion.

Related Keywords: cotton, cotton policy 2014-19, Pakistan textile export, Pakistan textile sector, readymade garment, textile policy

The Pakistan Textile exports for the period July-March 2013-14 has show a 8 percent raise, while exports in all value added categories has increased considerably i.e. bed wear by 21 percent, hosiery by 10 percent and readymade garments by 9 percent. Increase in textile exports followed due to the disbursement of Rs.3.5 billion by the government for the textile sector in shape of drawbacks, export finance support and mark up support, according to one year performance report of the government.

During the previous year 2012-13 only Rs. 2 billion was provided by the Government.

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.