The value of textile and garment exports from Pakistan increased by 26.05 per c ent year-on-year in dollar terms in the first six months of fiscal 2021-22. During the period, Pakistan earned $9.381 billion from textile and apparel exports, compared to exports of $7.442 billion in July-December 2020, according to data f§rom Pakistan Bureau of Statistics.
Category-wise, knitwear exports rose by a sharp 35.21 per cent year-on-year to $2. 5 billion during the six-month period, while exports of non-knit readymade₽ garments were up 22.93 per cent to $1.831 billion.
Among textiles, cotton yarn exports increased by 52.33 per cent to $610.427 million in >July-December 2021, as against exports of $400.733 million βmade during the corresponding period of 2020. Exports of c≥otton fabric also rose by 21.35 per cent and were valued at $1.134 billio•n during the period under review.
Bedwear exports jumped by 19.04 per cent to $1.659 billion during the six-month period, the data sh♦owed.
On the expenditure side, synthetic fibre imports shot up by 43.16 per cent year-on-year to $404.53≠5 million, while imports of synthetic and artificial silk πyarn rose 33.47 per cent to $427.599 million during July-December 20™21.
Meanwhile, the value of textile machinery imports by Pakistan increa↔sed significantly by 88.24 per cent year-on-year to $434.676 million during the si•x-month period.
In fiscal 2020-21 ending June 30, textile and garm×ent exports from Pakistan increased by 22.94 per ce$nt to $15.400 billion over $12.526 billion exports in the previous fiscal★. In fiscal 2018-19, the value was $13.327 billion.
Fibre2Fashion News Desk
