ISLAMABAD – Exports of cotton yarn from the country during 10 months of current financial year grew by 22.11% as compared to exports of the corresponding period of last year. During the period from July-April, 2021-22, about 284,670 metric tons of cotton yarn valuing $1.006 billion was exported as against the exports of 327,519 metric tons worth $832.952 million of same period last year, according the data of Pakistan Bureau of Statistics. Meanwhile, cotton cloth valuing $2.00 billion was also exported in last 10 months of current financial year as compared to exports of $1.581 billion of same period of last year, it added. During the period under review, exports of yarn other than cotton yarn also witnessed 100% increase as 17,533 metric tons of yarn other than cotton valuing $54.016 million was exported as compared to exports of 11,797 metric tons worth $26.997 million of same period last year. In last 10 month of current financial year, country earned $4.218 billion by exporting about 135,968 thousand dozens of knitwear as against the exports of $3.212b and 502,093 thousand dozens of same period last year.
It is worth mentioning here that textile group exports from the country during last 10 months of current financial year grew by 25.96% and reached $15.981 billion as against $12.688 billion of same period last year. On month on month basis, textile exports recorded about 30.50% growth as they stood at $1.739 billion in April, 2022 as against $1.332 billion of same month of last year.