Textile exports increased by $7.44bln in H1

Staff Report

ISLAMABAD: The exports of textile commodities witnessed an increase of 7.79 percent during the first half (H1) of the current fiscal year as compared to the corresponding period of last year. The textile exports were recorded at $7442.425 million in July-December (2020-21) against the exports of $6904.689 million in July-December (2019-20), showing growth of 7.79 percent, according to latest data of Pakistan Bureau of Statistics (PBS).
The textile commodities that contributed in positive trade growth included knitwear, exports of which increased from $1586.923 million last year to $1849.605 million during the current year, showing growth of 16.55 percent. Likewise, exports of bed wear increased by 16.38 percent by growing from $1197.931 to $1394.180 while the exports of towels increased by 17.47 percent, from $379.426 million to $445.709 million. The exports of tents, canvas and tarplin grew by 57.77 percent, from $39.599 million to $62.477 million, while the exports of readymade garments increased by 5.54 percent, from $1412.111 million to $1490.370 million and the exports of art, silk and synthetic textile incrased by 0.17 percent, from $167.218 million to $167.502 million while exports of madeup article (excluding towels and bed wear) increased by 17.46 percent, from $322.855 million to $379.229 million.