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Pakistan's textile & apparel exports edge up to $16.6 bn in FY24

04 Aug '24
2 min read
Pakistan's textile & apparel exports edge up to $16.6 bn in FY24
Pakistan's textile & apparel exports edge up to $16.6 bn in FY24

Insights

  • Pakistan's textile and apparel exports slightly rose by *.*3 per cent to $**.*** billion in FY24, despite earlier economic challenges.
  • The sector contributed *4.*9 per cent to the country's total exports of $**.*** billion, though its share declined from the previous year.
  • Knitwear exports fell slightly, while non-knit garments and cotton yarn saw growth.

The textile sector had earlier faced economic challenges but showed improvement in the later months. The sector contributed **.** per cent to Pakistan&#**;s overall exports of $**.*** billion from July **** to June ****. However, the share of the textile sector declined from its **.** per cent share in the same period of the ****-** fiscal.

In terms of categories, knitwear exports decreased by *.** per cent year-on-year to $*,***.** million, while non-knit readymade garments increased by *.** per cent to $*,***.** million. Cotton yarn exports grew by **.** per cent to $***.** million, whereas cotton fabric exports fell by *.** per cent to $*,***.** million. Bedwear exports rose by *.** per cent to $*,***.** million.

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