Textile Exports Surge To $15.400b In FY 2020-21; 73.08pc In June
Faizan Hashmi 11 days ago Mon 19th July 2021 | 07:42 PM
The exports of textile commodities witnessed an increase of 22.94 percent during the fiscal year 2020-21 as compared to the corresponding period of last year and surged by 73.08 percent on year-on-year basis
ISLAMABAD, (UrduPoint / Pakistan Point News - 19th Jul, 2021 ) :The exports of textile commodities witnessed an increase of 22.94 percent during the fiscal year 2020-21 as compared to the corresponding period of last year and surged by 73.08 percent on year-on-year basis.
The textile exports were recorded at $15400.142 million in July-June (2020-21) against the exports of $12526.537 million in July-June (2019-20), showing growth of 22.94 percent, according to latest data of Pakistan Bureau of Statistics (PBS) released here Monday.
The textile commodities that contributed in trade growth included knitwear, exports of which increased from $2794.363 million last year to $3816.156 million during the fiscal year under review, showing growth of 36.57 percent.
Likewise, the exports of yarn other than cotton yarn, increased by 29.62 percent, from $25.743 million to $33.369 million whereas, exports of bed wear increased by 28.87 percent from $2150.833 million to $2771.789 million.
The exports of towels increased by 31.81 percent, from $711.265 million to $937.536 million; exports of tents, canvas and tarpulin grew by 12.10 percent, from $98.472 million to $110.387 million; readymade garments by 18.83 percent, from $2552.246 million to $3032.
800 million; madeup articles, excluding towels and beadwear by 28.08 percent, from $590.507 million to $756.35 million while the exports of art, silk and synthetic textile increased from $314.772 to $370.421 million, showing growth of 17.68 percent, cotton (carded or combed) by 3.17 percent, from $0.063 million to $0.065.