Pakistan Cotton Exports register significant increase in first quarter of FY 2019-20
ISLAMABAD -Pakistan Cotton Exports register significant increase in first quarter of FY 2019-20.
Exports of raw cotton form the country during first quarter of current financial year increased by 53.65% as compared the exports of the corresponding period of last year.
According the data of Pakistan Bureau of Statistics, during the period from July-September, 2-19-20, about 6,980 metric tons of raw cotton worth 10.828 million dollar exported as compared the exports of 4,619 metric tons valuing 7.043 million dollar of same period of last year.
However, the exports of cotton yarn and cotton cloth decreased by 6.19% and 5.60% respectively and was recorded at 294.280 million dollar.
On the other hand, over 6.097 million cotton bales had arrived in the local markets by the first week of current month as against the arrival of 7.706 million bales of the corresponding period of last year.