PAKISTAN: Textile and clothing FY exports grow
Pakistan's textile and clothing exports grew 5.3% last fiscal
Pakistan's textile and clothing exports grew 5.3% to US$13.74bn in the last fiscal year, thanks primarily to the GSP Plus status granted to the country by the European Union (EU).
According to the latest data released by the country's bureau of statistics, exports of woven ready-made garments were up by 8.3% to $1.95bn in the period from July 2013 to June 2014, while knitted garments rose 10.8% to $2.26bn.
Exports of cotton cloth climbed 3% to $2.77bn, but synthetic textile items dropped 5.5% to $383.48m. Shipments of cotton yarns were also down, by 11.1% to $2bn.
Footwear exports, however, surged by 13.7% to $118.7m, boosted by a 17.5% rise in exports of leather footwear to $98.1m during the period.
Pakistan's accession to the EU's GSP Plus trade programme become effective on 1 January.
An interactive databank with intelligence on the major apparel sourcing countries
- TPP: now the real fight starts
- Why TPP implementation is far from a done deal
- Private label sourcing faces range of pressures
- Cambodia leads US apparel import growth in August
- Can Gap maintain its momentum minus Larsson?
- Update: Negotiators agree landmark TPP trade deal
- Nike debuts new fabric for adaptive breathability
- New Bangladesh labour rules draw union criticism
- Cambodia sets new minimum wage at US$140
- Vietnam releases new textile dye regulations
- Wearable technology: The future market potential for smart garments and e-textiles
- Global Database of the Top 1000 Apparel Producers - Company Names, Financial Performance, and Contact Details
- Myanmar's Garment Sector in 2015 - now with updated members' directory
- Outdoor performance apparel: peaks, valleys, and green fields
- Ethiopia – the emerging textile and clothing industry