Textile exports up 0.86 pc in first quarter

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From Business Correspondent

ISLAMABAD: The exports in textile and clothing group recorded an increase of 0.86 percent during first quarter of current fiscal year (July-September) 2018-19 as compared to same period of last year.

The textile group’s exports from the country increased to 3.285 billion during July-September (2018-19) against the exports worth of $3.257 billion during July-September (2017-18), according to data issued by Pakistan Bureau of Statistics (PBS) yesterday.

The products that contributed in positive growth in external trade included knitwear, the exports of which grew by 9.8 percent by going up from $646.8 million last year to $710.2 million during the corresponding period of current fiscal year. During the period under review, bedwear exports from the country increased by 2.89 percent, from $567.224 million to $583.62 million while the tents canvas and tarpulin’s exports also increased by 3.54 percent from $16.13 million to $16.7 million. The export of made up articles (excluding towels and bedwears) also increased by 0.34 percent by growing from $162 million to $162.55 million.

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