SLAMABAD: The export of carpets, sports, surgical, leather dropped 19 per cent during the first two months (July-August) of the current fiscal year over the corresponding period last year.
SLAMABAD: The export of carpets, sports, surgical, leather dropped 19 per cent during the first two months (July-August) of the current fiscal year over the corresponding period last year.
The over all export of non-textile products plummeted to $1.354 billion during the July-August as against $1.678 billion in the period last year, showed data released by Federal Bureau of Statistics (FBS) on Thursday.
The falling export of these goods may not only make achieving of overall export target of $18.5 billion more difficult, but it would also result in closure of many labour-intensive units.
The measures taken for the non-textile products in the trade policy have yet to bear any fruits, analysts said.
On the other hand, the over all export of textile products also witnessed a negative growth of 8.36 per cent to $1.617 billion during the July-August as against $1.765 billion the same period last year.
All the textile products excluding raw cotton and cotton yarn recorded a negative growth during the period under review over the last year.
However, the export of readymade garments, art, silk, made-up articles and other textile materials witnessed marginal growth during the period under review.
The government has announced over Rs80 billion package under the first ever Textile Policy to boost exports from the sector to $25 billion from $9 billion in the next five years.
Official figures showed that the export of rice declined by over 39 per cent during July-August 2009-10. Last year the export of rice soared to record $2 billion.
The export of carpets declined by 22.4 per cent, sport goods by 24.8 per cent, leather products by 24.33 per cent, footwear by 13.64 per cent and surgical goods by 16.59 per cent during the period under review over the same period last year.
However, the export of engineering goods rose by 5.61 per cent during the period.