Exports of textile products amounted to $10.757 billion in 2006-07, up by 5.27 percent from $10.218 billion of previous year. Official figures released here by Federal Bureau of Statistics (FBS) on Saturday showed that export of raw cotton, cotton cloth and bedwear declined, while a marginal growth was witnessed in other products during the year.
On monthly basis, the exports of textile products witnessed a negative growth of 3.13 percent to $931.140 million in June from $961.221 million over May. The data showed that raw cotton export was down by 53.03 percent in June against May; cotton cloth 21.42 percent, cotton corded or boomed 87.57 percent, bedwear 19 percent, towels 17.62 percent, and tents, canvas and tarpaulin 30.76 percent.
Annual export data for 2006-07 showed that export of cotton yarn witnessed a growth of 3.10 percent, cotton corded or combed 24.33 percent, yarn other than cotton yarn 82.92 percent, knitwear 12.17 percent, towels 1.25 percent, tents, canvas and tarpaulin 77.53 percent, readymade garments 5.32 percent, artificial silk and synthetic textile 114.55 percent, made-up articles excluding towels bed wear 13.40 percent, and other textile material 16.53 percent.
Statistics showed that export of raw cotton declined 25.58 percent last year from 68.151 million in 2006 to 50.720 million in 2007. Export of cotton cloth declined by 4.30 percent from $2.108 million in 2006 to 2.017 million in 2207 while export of bedwear declined from $2.038 million in 2006 to 1.9558 million in 2007.
According to monthly export data, the export of cotton corded or combed declined from $330 million in May 2007 to $115 million in June 2007 and cotton cloth from 155.839 million to $144.427 million.