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Uptick in textile exports

Updated January 17, 2019

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In December, however, the export proceeds fell by 0.68pc to $1.13bn as compared to same month last year. — File
In December, however, the export proceeds fell by 0.68pc to $1.13bn as compared to same month last year. — File

ISLAMABAD: Textile and clothing proceeds recorded an uptick of 0.06 per cent year-on-year to $6.64 billion during 1HFY19.

In December, however, the export proceeds fell by 0.68pc to $1.13bn as compared to same month last year.

According to data published by the Pakistan Bureau of Statistics, in 1HFY19, exports of ready-made garments edged up 0.89pc, knitwear jumped 10.5pc, bedwear 3.23pc whereas towel exports declined 2.03pc and cotton cloth 1.34pc in value.

Among primary commodities, cotton yarn exports declined by 17.14pc, tents, canvas and tarpaulin 0.83pc while yarn other than cotton inched up 0.22pc, made-up articles (excluding towels) increased 1.57pc. Proceeds from raw cotton plunged by 73.7pc during the period under review.

Published in Dawn, January 17th, 2019