Report by Engineering Post
Exports of Pakistan’s textile sector have increased by 10 percent during the first four months of the current financial year July to October 2024 reaching $ 6.146 billion compared to $ 5.565 billion
during the corresponding period of the last year.
On the whole, according to the data available from the Pakistan Bureau of Statistics, it had provisionally reached to $ 10.689 billion showing an increase of 13. 55 billion during the first four months of 2024-25 as compared to $ 9.590 billion during the corresponding period of the last financial year 2023-24.
However, facing quite significant challenges recorded as much as 45.59 percent high during the four months period under report here falling to $ 221.76 million from 249.76 million during the same period of the last fiscal year.
Briefly, key export commodities included knitwear, readymade garments, and bed wear in varying figures.
Despite challenges to cotton yarn, the textile sector’s overall performance had been strongly driven by growth in garments, and other value -added products.
This growth trend has highlighted the resilience of Pakistan’s textile sector ,despite challenges in raw material exports like cotton yarn, and underscored the country’s competitive edge in garments and agricultural exports.
