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    Pakistan'S Textile Exports Will Exceed $10 Billion

    2010/7/22 9:40:00 38

    Textile Exports In Pakistan

    Karachi, due to

    Cotton yarn

    Exports are growing rapidly, and in the 2009-10 fiscal year, Pakistan's textile exports will exceed 10 billion dollars.

    In the coming fiscal year, textile exports will reach US $10 billion 244 million, compared with $9 billion 572 million in the previous year, an increase of 7%.

    According to data released on Tuesday by the Federal Statistical Bureau (FBS), textile exports increased by 9.81% to $921 million in June, compared with $839 million in the same period last year.


    From the annual export situation, cotton yarn

    Exit

    It jumped to $1 billion 417 million, up 27.13%, compared with $1 billion 114 million in the previous year.

    Exports of raw cotton increased by 124% to $195 million, and exports of US $87 million last year, and yarn exports other than cotton yarn also increased by 100%.


    Cotton and cotton combs and combed exports were reduced by 7% and 24% respectively.

    Value-added textile products show mixed feelings, some products export declined, and some products export growth.


      

    Knitted garment

    Exports grew by 1.16% to $1 billion 761 million, compared with exports of $1 billion 740 million last year.

    Bedding exports fell slightly by 0.64% to $1 billion 723 million, compared with exports of $1 billion 735 million last year.

    Bath towel exports increased by 5.17% to $676 million, compared with exports of $642 million last year, and ready-made clothing exports increased by 4.33% to $1 billion 283 million, compared with 1 billion 230 million US dollars last year.


    Supplement:


    The free trade agreement in Morocco, Tunisia, Egypt and Jordan was first established on the textile and automotive industries.

    The objectives of the two strategic sectors are to develop South South and South North trade.


    These two departments are the important sectors involved in the four agreements.

    These two sectors create considerable employment opportunities, and have important strategic implications for Industry and exports.

    Experts say the choice of the textile and automobile industry as the main industrial area of the agreement is correct.

    Leather and pport sector is the next area of cooperation.


    Jordan and the four North African free trade agreement (Agadir Agreement) were launched in 2007, but the implementation rate was slow.

    Today, exchanges and cooperation between the four countries are still very weak.

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