Pakistani exports at the close of the year amounted to $ 14.41 billion registering an increase of 17 percent as compared to the corresponding period of the last fiscal year.
Textiles and Garment's export were US $ 8.6 billion during 2004-2005, which is 59.5 percent of the total exports.This showed an increase of US $529.2 million over the corresponding period of last year.
Of the total increase in exports of US $ 2.097 billion, Textile and Garments contributed 25 percent. Five of the sub sectors namely cotton cloth, knitwear, bed wear, readymade garments and cotton yarn achieved exports in excess of US$ one billion each during 2004-2005.
Exports of non-textile sector was US$ 5.842 billion, for the first time crossing the US$ 5 billion threshold, showing an increase of 37 percent against corresponding period of 2003-2004. It's share in exports also increased from 34.7 percent in 2003-2004 to 40.5 percent in 2004-2005.
75 percent of the export increases of US$ 2.1 billion registered during 2004-2005 against 2003-2004 was due to enhanced exports of non-textile products.
During 2004-2005, export of rice stood at US$ 933 million that was 47.1 percent higher over the corresponding period of last year. Leather and leather group, at US $787 million, was 18.2 percent higher, petroleum products at US$ 413 million, were up by 54.9 percent, chemicals at US$382 million increased by 45.3 percent, carpets at US$283 million increased by 22.2 percent, and surgical goods at US$172 million increased by 29.9 percent.
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