Ready-made garments worth US$608.071mn exported in first quarter

ISLAMABAD: Ready-made garments from the county during first quarter of current financial year 15.97 percent as compared the exports of the corresponding period of last year.

During the period from July-September, 2017-18, around 9,136 thousand dozens of ready-made garments worth US$ 608.071 million exported as compared the exports of 7,686 thousand dozens valuing US$ 524.347 million of same period last year, according the data of Pakistan Bureau of Statistics.

Meanwhile, the exports of knitwear increased by 9.35 percent as about 29,674 thousand dozens of knitwear worth US$ 647.650 million exported against the exports of 25,708 thousand dozens valuing US$ 592.277 million of the same period last year.

About 91,147 metric tons of bed wear valuing US$ 566.963 million exported in first quarter as compared the exports of 89,559 metric tons worth of US$ 528.912 million of same period of last year, the data added.

During first quarter of current financial year, about 40,307 metric tons of towels worth US$ 180.217 million exported as compared the exports of 42,287 metric tons valuing of US$ 178.596 million of same period last year, hence showing an increase of 0.9 percent.

Raw cotton exports from the country during first quarter of current financial year grew by 69.70 percent as compared the exports of the corresponding period of last year.

During the period from July-September, 2017-18, about 17,752 metric tons of raw cotton worth US$ 29.624 million exported as compared the exports of 10,200 metric tons valuing US$17.457 million of same period last year.

Meanwhile, 123,346 metric tons of cotton yarn, worth US$ 320.290 million exported during first three months of current financial year, which was up by 4.56 percent as against the exports of 107,122 metric tons valuing US$306.958 million of same period last year.

However, exports of cotton cloth decreased by 3.44 percent as about cotton cloth worth of US$ 528.275 million exported in first quarter as compared the exports of US$547.586 million of same period last year, the data reveled.

During the period under review, about 450,215 square meters of cotton cloth exported, which was recorded at 536,362 square meters of same period of last year, it added.

In first quarter of current financial year, exports of yarn other then cotton yarn grew by 7.67 percent as about 2,869 metric ton of yarn costing US$ 7.605 million as against 2,485 metric tons valuing US$7.063 million of the same period last year, it added.

It may be recalled that the textile group exports from the country during first quarter of current financial year witnessed about 7.91 percent increase as compared the exports of the corresponding period of last year.

Textile group products worth US$ 3.257 billion were exported during the period from July-September 2017-18 as compared the exports of US$ 3.018 billion of same period last year.