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Pakistan's textile & apparel exports drop 6.33% in Jul-Oct 2023

25 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Pakistan's textile and apparel exports have declined by **.**% to $***** billion in the first four months of fiscal 2023-24, a decrease from $***** billion in the same period last year.
  • Cotton yarn exports rose, while knitwear and non-knit garment exports fell.
  • In fiscal 2022-23, overall textile and garment exports fell by **.**%.

*.*pt"> Pakistan&#**;s textile and apparel exports fell *.** per cent to $*.*** billion in the first four months of fiscal ****-** (July-June), data from the country&#**;s ministry of commerce shows. This is a decrease from $*.*** billion in the corresponding period of the previous year. 

*.*pt"> The textile sector, facing challenges such as a global economic slowdown, contributed **.** per cent to Pakistan&#**;s total exports of $*.*** billion from July to October ****. This is a slight decline from its **.** per cent share of the total exports of $**.*** billion in fiscal ****-**

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