Exports of ready-made garments up 6.66% in July-Sept FY15

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ISLAMABAD, Oct 31 (APP): The exports of ready-made garments
increased by 6.6 percent during first three months of current fiscal
year (2015-16) as compared to same period of last year.
The ready made garments’ export were recorded US $510.023 million
during July-September 2015-16 as against the exports of $478.173 million during same period of last year.
However on month-on-month basis, the exports declined by 11.95
percent from $175.725 million in September 2015 to $154.731 million in August 2015, according to a data of Pakistan Bureau of Statistics (PBS).
Likewise, on Year-on-Year basis the ready-made exports also
decreased by 3 percent from $159.520 million in September 2014 to
$154.731 million in September this year.
Towel exports also witnessed an increase of 8.92 percent in
July-September (2015-16) as against same period of last year.
According to the data, 42,952 metric ton of towels worth of
$201.54 million were exported during first three months of current year whereas 39,016 MT worth of $185.029 million towels were exported during
same period of last year.
On month-on-month basis, the towel exports were recorded at
14,183 MT worth of $69.957 million in September 2015 as compared to
12,910 MT worth of $64.464 million in August 2015 thus showing an
increase of 8.52 percent.
On year-on-year basis the towel exports however witnessed a slight
decrease of 0.56 percent as 14,448 MT of towels valuing $70.351 million
were exported in September 2014.