The exports of raw cotton decreased to $1.069bn in Jan 2017 from $2.128bn in Jan 2016 with a negative growth of 49.77pc, cotton cloth dipped to $185.63 million in Jan 2017 from $191.696m over the same month a year ago, reflecting a decline of 3.10pc. There was a 100pc decline in exports of cotton carded or combed in Jan 2017 over the same month of last fiscal year with no exports were recorded last month against $24,000 for the same month of last year.
The exports of yarn, other than cotton yarn, decreased to $1.260bn in Jan 2017 from $1.943bn in Jan 2016 with a negative growth of 35.15 pc; knitwear exports dropped to $199.647m in Jan 2017 from $206.751m in Jan 2016, reflecting a decline of 3.44pc. Exports of towels decreased to $63.519m in Jan 2017 from $64.392m in Jan 2016, registering a negative growth of 1.36pc; exports of readymade garments fell to $202.015m from $209.560m with a negative growth of 3.60pc.
A decline of 14.11pc in exports of art, silk & synthetic textile was noted in Jan 2017 over the same month of last year subsequence to contraction in exports to $21.943m in Jan 2017 from $25.548m in Jan 2016, while exports of made-up articles (excl. towels) declined to $54.801m in Jan 2017 from $63.252m for the same month a year ago, reflecting a decline of 13.36pc.
However, exports of cotton yarn increased to $92.710m in Jan 2017 from $88.824m in Jan 2016, showing an increase of 4.37pc; bed wear exports increased to $173.225m from $169.538m during the period under review with a growth of 2.17pc. Exports of tents, canvas & tarpaulin increased to $15.488m in Jan 2017 from $11.113m in Jan 2016, reflecting a growth of 39.37pc, while exports of other textile materials increased to $52.824m in Jan 2017 from $43.501m in Jan 2016 with a growth of 21.43pc.
Copyright Business Recorder, 2017