Pakistan Textile Exports Rise
In July 2013, Pakistan's textile exports rose sharply by more than 10%, mainly due to the sharp rise in the exchange rate between the US dollar and the Pakistani rupee.
according to Pakistan In the same period of 2013, the export value of Pakistan's Textile Bureau increased by 1.09 billion rupees in the same period of 2013, and the value of export was 1.09 billion in 2013.
Trade analysts said the country's export growth was due to the continued growth of the exchange rate between the US dollar and the Pakistani rupee, which also increased the country's imports and led to a high trade deficit. The local currency's exchange rate with the U.S. dollar in the open market reached an all-time low of 103 rupees to the dollar, compared with 100 rupees to the dollar a few weeks ago.
Once again, this non-stop cut in the country's trade in electricity to the textile industry should help.
According to the Statistics Bureau of Pakistan, in July 2013, the country's exports reached $2.095 billion, while imports were $3.814 billion. As a result, the country's trade deficit reached $1.719 billion.
$100 million in December this year textile The export details are as follows: raw cotton export increased by 476%, cotton yarn export increased by 15.55%; cotton export increased by 16.18%, carding export decreased by 65.96%, yarn export decreased by 2.9%, knitwear export increased by 0.99%, bedding export increased by 9.6%, towel export increased by 7.1%, tent export increased by 15.45%, Ready to wear The export increased by 16.28%, the export of art silk and synthetic textiles increased by 3.06%, the export of manufactured goods increased by 5.01%, and the export of other textile materials increased by 1.64%, according to the Statistics Bureau of Pakistan.
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