Home breadcru News breadcru Trade breadcru  | Pakistan's textile & apparel exports drop 6.50% in Jul-Nov 2023

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Pakistan's textile & apparel exports drop 6.50% in Jul-Nov 2023

18 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Pakistan's textile and apparel exports declined by ***.*0 per cent to $****.* billion in the first five months of fiscal 2023-24, down from $****.* billion in the same period last year.
  • The sector contributed **.*5 per cent to the country's total exports.
  • Knitwear, non-knit garments, and cotton fabric exports fell, while cotton yarn exports rose.

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

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

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