Pakistan’s textile and apparel exports grow

From July to December 2013, Pakistan’s textile and clothing exports were US$6.944 billion, a year-on-year increase of 8.36%, of which exports in December were US$1.261 billion, a year-on-year increase of 20.44%. Analysts believe that the EU’s temporary preferential import measures, which are implemented from December 2012 to the end of 2013, and the depreciation of the rupee are the main reasons for promoting export growth.