The EU'S Preferential Foreign Trade Policy Has Facilitated The Export Of Pakistan'S Textile And Garment Products.
< p > statistics from the Pakistan Bureau of statistics show that, in the first 10 months of the 2012~2013 fiscal year, Pakistan's a target= "_blank" href= "http://www.91se91.com/" > textile > /a > a target= "_blank", "_blank", "clothing", total exports amounted to US $10 billion 749 million, representing an increase over the same period last year. The profit of textile enterprises in the first quarter of 2013 is also increasing. On the one hand, the export growth is due to the good regional market demand. On the other hand, the EU has implemented preferential measures for foreign trade in Pakistan since December 2012, which has facilitated the export of Pakistan textile and clothing products.
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< p > in January of this year, Pakistan textile enterprises made a profit of 8 billion 900 million rupees, and the quarter increased by 7% compared with the previous quarter, an increase of 180% over the same period of January.
The reason for the increase in profits is low financing costs, continued depreciation of the rupee in Pakistan, and strong cotton prices and strong regional demand.
According to industry analysis, if the positive trend continues, the textile industry will continue to grow in the coming months.
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< p > in addition, textile exports will be promoted if the expected GSP plus status is approved by the European Union.
In the first 10 months of this fiscal year (from July 1, 2013), Pakistan's textile exports increased by 6.1% to US $10 billion 700 million in accordance with the US dollar, an increase of 15.5% to 1 trillion rupees, according to the rupee.
The reason for the increase in exports is that regional market demand is good, such as China, and international cotton and textile prices are strong.
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< p > from the product perspective, 2012-13 years of textile exports surged 26% to 1 billion 850 million US dollars, becoming < a target= "_blank" href= "http://www.91se91.com/" > clothing < /a > packaging and grey cloth exports increased by 12% and 11% to 1 billion 500 million US dollars and 2 billion 200 million US dollars respectively.
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< p > statistics from the Pakistan Bureau of statistics show that in the first 10 months of the 2012~2013 fiscal year, the total export volume of textiles and clothing in Pakistan amounted to US $10 billion 749 million, up 6.1% from 10 billion 127 million US dollars in the same period last year.
Knitwear, mattress products, towels, garment manufactures and other value-added products have become the main commodities driving the textile and garment industry, while the export volume of some raw materials such as cotton yarn, spinning and silk continues to decline.
The reason for the increase over the same period last year is that the EU has implemented preferential trade measures for Pakistan's 75 commodities since December last year, facilitating the export of Pakistan's textile and garment products.
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