Cotton yarn exports fall by five percent in July-February

Exports of cotton yarn declined by over five percent to $1.376 billion during July-February 2013-14, official figures show. Exports of cotton yarn posted a fall of $79.405 million during July-February 2013-14 as compared to $1.456 billion exports in the same period of last fiscal year, Pakistan Bureau of Statistics (PBS) say.
In term of quantity cotton yarn exports reduced by 25, 633 metric tons (5.30 percent) to 457,759 metric tons during July-February 2013-14 as compared to the 483,392 metric tons exports in the same period of last fiscal year. In February 2014 exports of cotton yarn slid by $21.102 million (11.24 percent) to $166.580 million from $187.682 million in February 2013, the official statistics say. The volume of cotton yarn exports scaled down by 4,501 metric tons (7.30 percent) to 57,123 metric tons in February 2014 as compared to the commodity's exports of 61,624 metric tons in February 2013, the PBS said.