Textile exports decline by 12% in JulyExports
of textile products decreased to 12% in the first month (July)
of the current financial year as against corresponding period of
the last year. According to the figures, Federal Bureau of
Statistics exports of textile group declined to $800 million in
the month of July 2009 against $908 million in July 2008
registering a negative growth of 12%. The break-up of textile
group shows that in the previous month, export of yarn increased
by 13.18% , art silk and synthetic textile 138.09%, made up
articles 0.22% and other textile materials 32.96%.
However, the export of raw cotton decreased by 16.85%, cotton
yarn declined by 3.21%, cotton cloth 34.73%, cotton (corded)
80.41%, knitwear 11.98%, bed wear 14.87%, towels 15.74%, tents
54.33%, and readymade garments 6.98%.
On the other hand the figures show that the import of
textiles machinery also declined by 41.64% during the last month
over the same month of last year.
Textile industry was employing 3.5 million labourers, 38% of
the country's total labour force. However, the innumerable
closure of textile mills had resulted in many direct and
indirect job losses. According to conservative estimates, some
100,000 labourers were laid off, directly, which meant that
400,000 indirect jobs, supporting a family of five each, would
result in a total impact of around two million families, double
the number of the Internally Displaced Persons (IDPs), in the
major textile cities
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