Pakistan textile exports fall 7.7%
23/05/2016
According to figures from the Pakistan Bureau of Statistics (PBS), textile exports were valued at $10.395 billion in the period to April 2016, compared to the $11.625 billion recorded between July 2014 and April 2015.
Exports of cotton yarn dipped 32% from $1.59 billion to $1.08 billion and cotton cloth exports also suffered a drop, falling 9.89% from $2.086 billion to $1.879 billion. Similarly, raw cotton exports decreased 47.7% from $144.693 million to $75.672 million. Non-cotton yarn exports were down 23.17%.
On a year-on-year basis, textile exports in April 2016 were down 3.48% to $1.033 billion. This figure was a 3.07% increase on the $1.002 billion recorded in March 2016, according to the data from the PBS.
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