A decline of 4.23 percent was also noted in exports of cotton cloth subsequent to their exports declined to $2.120 billion in 2016-17 from $2.213 billion in the year before. However, a growth of 62.7 percent in the exports of cotton carded or combed after export of commodity increased to $235000 from $145,000. Yarn other than cotton yarn exports declined by 25.65 percent to $24.351 million in the last fiscal year from $32.751 million for the preceding fiscal year while exports of knitwear decreased to $2.362 billion from $2.363 billion, reflecting 0.07 percent fall.
Bed wear exports have registered an increase of 5.65 percent and reached $2.133 billion during the last fiscal year as opposed to $2.019 billion for fiscal year 2015-16. Towel exports decreased by 2.04 percent to $786.606 million in 2016-17 from $802.966 million in 2015-16 and exports of tents, canvas and tarpaulin in July-June 2016-17 improved to $133.853 million from $85.083 million in 2015-16, showing an increase of 57.32 percent, while exports of readymade garments after a growth of 5.5 percent increased to $2.316 billion in the last fiscal year from $2.195 billion from a year before.
Art, silk and synthetic textile declined by 29.05 percent during the last fiscal year as its exports decreased to $204.272 million from $287.894 million in 2015-16 and exports of other textile material declined by 7.80 percent. However, there was an increase of 2.62 percent in exports of made up article, excluding towel bed-wear, which increased to $644.709 million from $628.256 million during the period under review.
Copyright Business Recorder, 2017