The country's towel export went down to $733.584 million in July-May 2015-16 by 0.48 percent, official figures say. The total towel export fall stands at $3.514 million in July-May 2015-16 from $737.098 million in July-May 2014-15, Pakistan Bureau of Statistics suggests. Volume of towel export however grew by 3.37 percent or 5,385 metric tons to 159,596 metric tons in July-May 2015-16 from 164,981 metric tons in July-May 2014-15.
In May 2016, towel export came down to $68.572 million from $73.959 million in May 2015, down by 7.28 percent or $5.387 million. In term of quantity, towel export plunged by eight percent or 1248 metric tons to 14,785 metric tons in May 2016 from 16,033 metric tons in May 2015.

Copyright Business Recorder, 2016

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