Composite Fabric,bonded fabric,Lamination Fabric Lamination Fabric News Pakistan’s cotton yarn exports fell .% year-on-year in the first half of the fiscal year

Pakistan’s cotton yarn exports fell .% year-on-year in the first half of the fiscal year



Pakistan’s “National” reported on January 16 that the latest data from the Pakistan Bureau of Statistics showed that Pakistan’s total merchandise exports in the first half of this fiscal…

Pakistan’s “National” reported on January 16 that the latest data from the Pakistan Bureau of Statistics showed that Pakistan’s total merchandise exports in the first half of this fiscal year (July-December 2020) totaled US$12.098 billion. , a year-on-year increase of 4.98%; the total import volume was US$24.521 billion, a year-on-year increase of 5.72%. The trade deficit was US$12.423 billion, a year-on-year increase of 6.44%.

In the first half of the fiscal year, the main industry driving exports was the textile industry, with total exports of US$7.44 billion, a year-on-year increase of 7.79%. Among them, the export volume of knitwear increased from the previous fiscal year. During the same period, US$1.587 billion increased to US$1.850 billion, a year-on-year increase of 16.55%; towel exports were US$446 million, a year-on-year increase of 17.47%; garment exports were US$1.497 billion, a year-on-year increase of 5.54%.

In the first half of the fiscal year, the main textile commodities with declining exports were: raw cotton exports fell by 96.14% year-on-year, and cotton yarn exports fell by 26.36% year-on-year.

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Author: clsrich

 
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