Raw cotton worth $ 38.631m exported in 9 months

Raw cotton export from the country during first three-quarters of the current financial year was recorded at US$ 38.631m as compared to the exports of the corresponding period of last year.

During the period from July-March, 2016-17 about 22,812 metric tons of raw cotton worth US$ 38.631m were exported as compared the export of 48,513 metric tons valuing US$ 75.324m of the same period of last year.

According to the data of Pakistan Bureau of Statistics, raw cotton export from the country during first 9 months of the current financial year decreased by 48.71pc.

However, exports of cotton carded or combed increased by 85.27pc as during the period under review about 237 metric tons of the commodity worth $ 239,000 was exported as compared the exports of 135 metric tons worth of $ 129,000 during the same period of last year.

On month on month basis, about 493 metric tons of raw cotton worth $ 869,000 were exported in the month of March, 2017 as compared the exports of 619 metric tons valuing $ 895,000 in the same month last year.

Meanwhile, during first three-quarters of current financial year exports of the towel from the country decreased by 3.18 pc as was recorded at 132,723 metric tons.

Towels worth of $ 578.24m were exported during the period under review as compared the exports of $ 597.1m in the corresponding period of last year.

On month on month basis, towels exports grew by 15.78 pc during the month of March, 2017 as compared to the exports in the same month last year.

About 15,325 metric tons of towels worth $ 70.354m were exported in the month of March as compared to the exports of 13,551 metric tons valuing $ 50.76m in the same month of last year.

Same time, in last 9 months exports of bedwear grew by 5.11 pc and about 263,814 metric tons of the bedwear worth $ 1.585b exported as compared to the exports of 244,295 metric tons valuing $ 1.508b during the same period of last year.

On month on month basis, exports of bedwear increased by 5.43 pc and was recorded at 29,259 metric tons valuing $ 180m as against the exports of 28,995 metric tons worth of    $ 171.182million during the same month of last year.

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