Towel exports were up by 20.67pc in value and 14.59pc in quantity, whereas those of cotton cloth rose by 24.74pc in value and dipped by 76.51pc in quantity. Among primary commodities, cotton yarn exports surged by 67.97pc, while yarn other than cotton by 123pc. Similarly, the import of synthetic fibre posted growth of 17.27pc as industry imported 91,118 tonnes this year as against 77,701 tonnes. The import of worn clothing recorded a growth of 282pc to 186,299 tonnes this year as against 48,644 tonnes last year. The overall country’s exports posted a growth of over 27.98pc year-on-year to $4.587bn in July-Aug FY22 compared to $3.584bn in the corresponding period last year.

Source: Pakistan Today September 18, 2021 09:36 UTC