TEXtalks International - August/September 2019

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Textile exports gradually inched up 2.3 percent in July-August Textile exports have recorded a small growth 2.30pc in the first two months of current FY due to sluggish economy. PBS record shows several textile products worth $2.215 billion exports during the month of July-August 2019-20 against exports of $2.303 billion during the same period last year. Comparing on monthly basis, the textile exports have reduced 5.32pc to $1.190 billion in August 2019 from $1.257 billion in the same month last year. In the first two month, textile products that posted positive growth in exports were raw cotton, up 152.33pc, cotton (carded or combed), up 100pc, and yarn other than cotton, up 44.96pc. Knitwear exports weaved their way up to 12.84pc, bed-wear increased 1.22pc, while readymade garments were up 7.47pc. Textile products, which saw a negative growth in exports, were cotton yarn down 7.76pc, cotton cloth down 6.35pc, towels, down 0.20pc, while other textile materials witnessed a decline of 15.46pc. In the period under review, the country earned $541.484 million by exporting about 20.731 million dozens of knitwear items. 86,828 tons of bed-wear worth of $399.994 million, 10.436 million dozens of readymade garments, valuing $476.484 million were exported. August/September 2019


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