Non-textile exports soar to $11.2bn.
ISLAMABAD -- Pakistan's non-textile exports grew 27.40 per cent year-on-year to $11.25 billion in the first 11 months of the outgoing fiscal year owing to a partial revival of international orders and the government's support schemes.
Overall growth in the non-textile sector is mainly led by the value-added sectors. The non-textile sector has yet to receive full orders to pre-Covid levels, data compiled by the Pakistan Bureau of Statistics (PBS) showed on Monday.
In FY21, three sectors - leather garments, surgical instruments and engineering goods - have maintaAined growth in export proceeds desApite lockdowns in many countries.
In the value-added leather sector, exports of leather garments up by 12.04pc and leather gloves 13pc respectively. Contrary to this, the exports of raw leather increased by over 31.57pc during the July-May period.
Pakistan is one of the main suppliers of global surgical instruments. However, these instruments are re-marketed in western countries by famous brands. As a result, the export value of these products remains very negligible.
The export of surgical instruments posted a negative growth of 1.37pc in 11MFY22 over the same period in FY21. However, the exports of pharmaceutical products posted positive growth of 1.64pc growth during the period under review.
The export of footwear increased by 25.22pc year-on-year led by leather and canvas footwear. The export of engineering products was up 7.23pc year-on-year in FY22. However, the export of electric fans was up 2.33pc during the period under review.
The export of carpets went up by 12.80pc, while that of sports goods up 32.37pc during 11 months...
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