EXPORTS OF READYMADE GARMENTS INCREASED DURING
JANUARY-MAY'2002.
Exports of readymade
garments to Restricted Countries during January-May’2002 has gone
up by 8.03%. According to the data compiled by Apparel Export
Promotion Council (AEPC) the exports of readymade garments during
the first 5 months of this calendar year have amounted to 545.0
million Pcs valued at US$ 1838.5 million (Rs. 8962.81 crores).
This shows an increase of 8.03% in terms of quantity and 1.11%
in terms of value (US$), when compared to the same period of previous
year.
Exports
of garment of restricted countries garment exports during the
month of May-2002 alone have shown an increase of 5.65% in quantity
terms and 9.22% in terms of value. When compared to May-2001.
Total exports of restricted countries during this month have amounted
119.6 million pcs valued US$ 431.1 million (Rs. 2110.96 crores).
Exports
of USA, during January-May’2002 have amounted to 179.2 million
pcs valued at US$ 855.5 million (Rs. 4172.45 crores). In comparison
to Jan-May’2001, quantity has increased by 24.01% and decrease
0.71% in value (US$).
Exports
to E.U., during the period under review have amounted to 333.8
million pcs valued at US$ 894.8 million (Rs. 4360.48 crores).
When compared to the same period of last year, there has been
shown an increase of 1.61% in quantity and 4.53% in the terms
of value (US$). In comparison to the same period of previous year
exports to Portugal, Spain, Ireland, U.K., Denmark & Italy
have shown an increase while other countries of European Union
has shown a decline. Garment export to Portugal has shown the
highest increase of 54.55% in terms of value (US$).
Exports to Canada,
during January-May’2002 have registered an increase of 1.59% in
terms of quantity but a decrease of 12.50% has registered in terms
of value (US$). When compared to the same period of previous year.
During the period under review, Exports have amounted to 32.0
million pcs valued at US$ 88.2 million (Rs. 429.88 crores).