Textile export fetches $12.31bn in 11 months

ISLAMABAD: The textile exports from the country during July-May 2018-19 were recorded at $12.31 billion as compared to the exports of $12.32 billion during the same period of last year, showing a nominal decrease of 0.09pc, according to the latest data of Pakistan Bureau of Statistics (PBS).

The textile commodities that contributed positively in external trade included knitwear, exports of which grew from $2.45 billion last year to $2.67 billion during the current fiscal year, showing a growth of 8.84pc.

The exports of bedwear also increased by 1.6pc, from $2.05 billion to $2.08 billion, while the exports of readymade garments increased by 4.16pc, from $2.34 billion to $2.44 billion.

The exports of made-up articles (excluding towels) grew by 0.55pc, from $631.056 million to $634.507 million, while the exports of cotton (carded or combed) also increased during the period under review.

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Meanwhile, the textile commodities that witnessed negative growth in external trade included raw cotton, exports of which shrunk by 67.19pc, from $57.534 million last year to $18.876 million.

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