RECORDER REPORT

KARACHI: The country’s towel export went down by over two percent to $786.606 million last fiscal year 2017, official figures say.

Towel export fall stands at $16.36 million last fiscal year as compared to the textile product export of $802.966 million in fiscal year 2016, Pakistan Bureau of Statistics shows.

Export quantity of towel also declined by one percent or 1,606 metric tons to 182,873 metric tons last fiscal year from 184,479 metric tons in fiscal year 2016.

In June 2017, Pakistan’s export of towel however mounted by 19.35 percent or $12.184 million to $75.164 million from $62.980 million in June 2016. In term of volume, towel export soared by 15 percent or 2,099 metric tons to 16,150 metric tons in June 2017 from 14,051 metric tons in June 2014.