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Pakistan’s Textile Exports Jump 20.18% in 1st 8 Months

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Pakistan’s exports of textile products rose by 20.18 per cent to US$6.323 billion during the eight months of the current fiscal year as against $5.261 billion the same period of last year. Official figures released by Federal Bureau of Statistics (FBS) here on March 24 showed that the increase was mainly attributable to growth achieved in the export of readymade garments during the month of Feb 2006.

The export of readymade garments surged 33.15 per cent to $872.276 million during Feb 2006 as against $655.125 million over the same month last year.

A decrease of 18.30 per cent was recorded in export of readymade garments during Jan 2006 and 4.92 per cent in December 2005 over the corresponding months of the last year.