Almost eight sectors recorded double-digit growth during the first four months of the current fiscal as compared to these months of the last year, revealed a report issued by the Ministry of Commerce on Thursday.
The share of value-added sector was major in overall exports from these sectors. The exports of eight products have been $5.632 billion during the first four months as compared $4.377 billion in these months of last year, showing the rise of 28.67 percent.
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The exports of men’s garment grew by 32 percent to $1.584 billion as compared to $1.201 billion. The home textile grew by 22 percent to 1.575 billion as compared $1.294 billion during the same period, last year. The cotton fabric increased by 20 percent to $745 million as compared to $622 million during this period, last year.
Meanwhile, the exports of rice went up by 19% to $599 million during the first four months of the current fiscal year as compared to $502 million during this period, last year. The export of cotton yarn enhanced by double digit growth by 73% to $398 million against $230 million during these months in the last fiscal year. There was the increase in exports of the jerseys and cardigans by 60% to $330 million as compared to $206 million during the period under consideration last year.
Moreover, the exports of women garment increased by 20% to $270 million against $225 million from July to October, this year. The exports of synthetic fabric was up from July to October this year by 35% to $131 million as compared to $97 million during the firsts four months of last year.
The data of the Ministry of Commerce shows that the markets of USA, UK and China have been the biggest selling areas for the exports of Pakistan during the first four months of current fiscal year.
