Friday, 19 January 2018, 06:50:02 am
Raw Cotton exports increase 49.78% in five months
January 02, 2018

ISLAMABAD, Jan 2 (APP):Raw cotton exports from the country during first five months of current financial year increased by 49.78 percent as compared the corresponding period of last year.

During the period from July-December, 2017-18 about 30,313 metric tons of raw cotton worth US$ 50.195 million exported as compared the exports exports of 19,546 metric tons valuing US$ 33.513 million of same period last year.

According the data of Pakistan Bureau of Statistics exports of cotton yarn also grew by 0.46 percent as compared as about 213,971 metric tons of cotton yarn worth of US$ 553.391 million exported as compared the exports of 192,301 metric tons valuing US$ 549.853 million of same period last year.

However, in first five months of current financial year exports of cotton cloth decreased by 1.16 percent. About 760,897 thousand square meters of cotton cloth valuing US$ 887.860 million exported as compared the exports of 886,044 thousand square meters worth US$ 898.265 million of same period last year.

Meanwhile, exports of yarn other then cotton yarn increased by 15.81 percent and during the period under review 4,453 metric tons of yarn valuing US$ 12.810 million exported as against the exports of 3,872 metric tons worth of US$ 11.61 million of same period last year.

It may be recalled that textile group exports from the country during five months of current financial year grew by 7.66 percent and textile products worth US$ 5.510 billion exported as compared the exports of US$ 5.118 million of same period last year.

During the period under review, other textile material exports increased by 16.66 percent as textile material worth of US$ 182.265 million exported as against the exports of 156.232 million of same period of last year.