The exports of textile goods increased by 3.68 percent during the first Quarter (Q1) of the current fiscal year as compared to the corresponding period of last year. The textile goods' exports were recorded at $4,583.610 million in July-September (FY2022-23) against the exports of $4,420.883 million in July-September (FY2021-22), showing growth of 3.68 percent, according to the latest data released by Pakistan Bureau of Statistics (PBS) on Thursday. The textile products that contributed in trade growth included cotton cloth, the exports of which grew by 4.21 percent to $580.524 million from $557.081 million while the exports of knit wear increased by 15.40 percent, from $1,144.587 million to $1,320.897 million. Likewise, the exports of tents, canvas and tarpaulin increased by 40.56, from $21.177 million to $29.766 million, ready-made garments by 5.85 percent, from $861.169 million to $911.514 million and art, silk and synthetic textile by 0.35 percent from $107.947 million to $108.321 million.

Credit: Independent News Pakistan-INP