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Pakistan's textile & apparel exports drop to $13.6 bn in Jul-Apr FY24

30 May '24
2 min read
Pakistan's textile & apparel exports drop to $13.6 bn in Jul-Apr FY24
Pakistan's textile & apparel exports drop to $13.6 bn in Jul-Apr FY24

Insights

  • Pakistan's textile and apparel exports decreased to $******** billion between July 2023 and April 2024.
  • The sector faced challenges, contributing **.**% to overall exports, down from **.**% the previous year.
  • Knitwear and non-knit garment exports fell, while cotton yarn exports rose.
  • Synthetic fibre and silk yarn imports increased.

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 April ****. This is a decline from its **.** per cent share in the same period of fiscal ****-**.

Regarding 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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