Textile exports reach $13.68 billion in 9 months

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ISLAMABAD
Pakistan earned $ 13,683.251 million from exports of textile products during the first ten months of the current financial year (2023-24), the Pakistan Bureau of Statistics (PBS) reported here on Thursday.
The exports of the textile products however, witnessed a slight decline of 0.19 percent during July-April (2023-24) when compared to the exports of $ 13,709.246 million during July-April (2022-23). The textile commodities that witnessed positive trade growth included raw cotton, the exports of which grew by 319.91 percent, from $13.357 million last year to $15.944 million this year. Likewise, the exports of cotton yarn increased by 32.83 percent, from $ 636.832 million last year to $845.923 million this year and bed wear by 1.82 percent, from $ 2,249.778 million to $ 2,290.796 million. The export of towels also surged by 4.81 percent from $824.879 million to $864.547 million whereas the export of made-up articles up by 0.67 percent to $589.026 million from $585.102 million. The textile commodities that witnessed negative growth include cotton cloth, exports of which declined by 7.53 percent, from $ 1,684.724 million to $ 1,557.909 million; cotton carded or combed by 15.93 percent, from $0.996 million to $0.837 million; yarn other than cotton yarn by 20.76 percent, from $36.302 million to $28.766 million, and knitwear by 3.92 percent, from $3,712.066 million to $3,566.624 million.