HomeSportsTextile exports increase by 4.68% in first five months of FY 2019-20

Textile exports increase by 4.68% in first five months of FY 2019-20

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ISLAMABAD, Dec 27 (APP):Textile exports of the country during first five months of current financial year (2019-20) grew by 4.68 per cent as compared to the corresponding period of last year.

During the period from July-November 2019, textile products worth US $ 5,763,614 million were exported against US $ 5,506,045 million during the same period of last year.

According to the data released by Pakistan Bureau of Statistics, the exports of raw cotton increased by 3.67 per cent to about 10,769 metric tons valuing US $14,277 million during the period under review as compared to 8,526 metric tons worth US $ 13,772 million last year.

Similarly, 196,326 metric tons yarn other than the cotton yarn worth US $486,018 million was exported during the first five months of current financial year against 178,027 metric tons valuing US $ 472,454 million last year.

Likewise, the knitwear exports also recorded positive growth of 8.69 per cent during the period under review.

Knitwear products worth US $ 1,320,804 million were exported as compared to US $ 1,215,180 million last year.

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