High value-added textiles drive Pakistan’s textile industry export growth
According to Pakistan’s “Dawn” report on December 25, the Pakistan National Bureau of Statistics (PBS) recently released data showing that Pakistan’s textile industry exports reached US$5.51 billion from July to November, an increase from US$5.11 billion in the same period last year. 7.66%. Among them, exports of high value-added textiles reached US$3.46 billion, a year-on-year increase of 12%. The report pointed out that the growth of textile industry exports mainly benefited from the Prime Minister’s package plan to stimulate exports and the acceleration of sales tax rebates. Among high value-added textiles, exports of ready-made garments increased by 14.69% year-on-year, and knitted products increased by 12.07%. Among primary commodities, cotton yarn exports increased by 0.64% and yarn by 15.8%. Manufactured products other than towels increased by 7.8%. High value-added textiles drive Pakistan’s textile industry export growth
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