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Pakistan's textile & apparel exports down 0.65% in Jul-Feb 2024

21 Mar '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Pakistan's textile and apparel exports decreased by *.*5 per cent to $****.*** billion in the first eight months of fiscal 2023-24, with the sector contributing *.*4 per cent to the country's total exports.
  • While cotton yarn exports rose, knitwear, non-knit garments, and cotton fabric exports fell.
  • Textile machinery imports also significantly declined.

The textile sector, which is facing challenges such as a global economic slowdown, contributed **.** per cent to Pakistan&#**;s overall exports of $**.*** billion from July **** to February ****. This is a decline from its **.** per cent share in the same period of fiscal ****-**.

In terms of categories, knitwear exports dropped by *.** per cent year-on-year to $*,***.** million. Non-knit ready-made garments also saw a decline, falling by *.** per cent to $*,***.** million. However, cotton yarn exports increased by **.** per cent to $***.** million, while cotton fabric exports fell by *.** per cent to $*,***.** million. Bedwear exports gained by *.** per cent to $*,***.** million.

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