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PBS claims a 30pc increase in textile exports

byMuhamad Arshad
April 17, 2021
in Business, Economy
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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. 

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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.

Tags: ClothingPakistan Bureau of StatisticsPBSTextile Sector
Muhamad Arshad

Muhamad Arshad

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