Textile exports fall by 3.79pc

Published February 24, 2009

ISLAMABAD, Feb 23: Textile exports of the country decreased by 3.79 per cent during the first seven months of the current financial year as compared to the corresponding period of the last financial year.

During January-July 2008-09 textile products export was recorded at $5.82 billion as compared to export of $ 6.05 billion registered during July-January 2007-08, figures provided by Federal Bureau of Statistics said.

Exports of cotton cloth increased by 8.9 per cent, towels by 14.31 per cent and made-up articles by 1.26 per cent. However, the highest decrease of 56.51 per cent was registered in export of yarn other than cotton yarn. Exports of yarn other than cotton yarn was recorded at $13.12 million as against export of $30.17 million registered during the last financial year.

Textile exports during January 2009 decreased by 8.98 per cent as compared to December 2008. Exports during January 2009 were recorded at $753.9 million as compared to exports of $720.3 million recorded during December 2008.

Export of raw cotton increased by 132 per cent, towels by 5.21 per cent, tents, canvas and tarpaulin by 8.93 per cent, art, silk and synthetic textile by 64.57 per cent, made-up articles by 19.11 per cent whereas export of other textile material increased by 1.6 per cent. Export of cotton yarn declined by 19.75 per cent while the export of cotton cloth decreased by 26.6 per cent, cotton carded or combed by 95.93 per cent, yarn other than cotton yarn by 74.05 per cent, knitwear by 7.86 per cent, bedwear by 7.7 per cent and readymade garments by 8.53 per cent.—APP

Opinion

Editorial

Resolution 901
01 Jul, 2024

Resolution 901

ON Friday, two days after a stinging endorsement from the US House of Representatives of widespread concerns...
Nebulous definition
01 Jul, 2024

Nebulous definition

IS it a ‘vision’, a loose programme, or an actual kinetic ‘operation’? A week on, we don’t precisely know....
Stealing heritage
01 Jul, 2024

Stealing heritage

CONTRADICTIONS define Pakistan. While the country’s repository of antiquities can change its fortunes, recurrent...
Burdening the people
Updated 30 Jun, 2024

Burdening the people

The tax-heavy budget will make lives of avg Pakistanis even harder and falls far short of inspiring confidence in govt's ability to execute structural changes.
WikiLeaks’ legacy
30 Jun, 2024

WikiLeaks’ legacy

THE recent release from captivity of WikiLeaks’ founder Julian Assange has presented an opportunity to revisit the...
Iranian run-off
30 Jun, 2024

Iranian run-off

FRIDAY’S snap presidential election in Iran, called after the shock deaths of Ebrahim Raisi and members of his...