Textile exports up 3.68pc in seven months

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ISLAMABAD: Textile exports from the country during the first seven months of the current financial year grew by 3.68pc as compared to exports of the corresponding period last year.

During the period from July-January 2019-20, textile worth $8,099,885 million was exported as compared to the exports of $7,812,418 million during the same period last year.

According to the data released by Pakistan Bureau of Statistics, the exports of raw cotton increased by 9.99pc, as about 11,920 metric tons of raw cotton valuing $15,889 million was exported as compared to the 8,910 metric tonnes worth $14,446 million exported last year.

Meanwhile, 262,513 metric tonnes of yarn (other than cotton yarn) worth $640.001 million were exported in the first seven months of FY20 as compared to the exports of 241,036 metric tonnes valuing $635,040 million exported last year.

During the period under review, knitwear exports of the country recorded an increase of 6.27pc, from $1,724,361 million last year to $ 1,832,486 million.

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