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Pak’s exports of value added textile products post growth of over 12pc

Related Keywords: against $5.11bn a year ago, exports of value-added textile products, incentives package, increase of 7.66percent, July-November, overall export proceeds stood at 61pc, Pakistan total exports, payment of sales tax, Period under review, posted a growth of 12 percent y-o-y, reached $5.51bn, textile and clothing sector share, textile sector

Pakistan’s total exports of the textile sector reached $5.51bn in July-November against $5.11bn a year ago, reflecting an increase of 7.66pc. The share of textile and clothing sector in overall export proceeds stood at 61pc during the period under review. Of which exports of value-added textile products posted a growth of over 12 percent year-on-year to $3.46 billion in the first five months of 2017-18, as per the Pakistan Bureau of Statistics.

Coir exports witnesses stiff competition from mechanized products

Related Keywords: Coir pith is the top performer in terms of volume, declined as coir is witnessing stiff competition, export of items like curled coir, India is the largest exporter of coir products, other mechanised products like PVC tufted mats, Period under review, powerloom matting and handloom matting, rubberised coir, US tops list of countries in value

During the period under review export of items like curled coir, rubberised coir, powerloom matting and handloom matting have declined as coir is witnessing stiff competition from other mechanised products like PVC tufted mats.

India is the largest exporter of coir products such as mats, matting and rugs in the world. Coir exports during the last financial year recorded a 17% increase in value to touch Rs 1,901.62 crore, largely due to higher exports of coir pith.

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