PBS claims a 30pc increase in textile exports

According to the data released by the Pakistan Bureau of Statistics (PBS) on Friday, the textile exports and clothing exports rebounded in March especially due to value-added sectors, and posted a growth of 30.4 percent from a year earlier.

 The export value of these sectors added up to $1.355 billion in March from $1.039bn over the corresponding month of last year. Growth in exports of value-added sectors contributed to an increase in overall exports from the sectors. 

In February, textile and clothing exports decrease 3.12pc on a year-on-year basis.

The July-March figures made clear that the growth in textile and clothing exports came from the value-added sector. The value of exports reached $11.35bn in the July-March period this year as against $10.41bn over the corresponding months of last year, showing a growth of 9.06pc.