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Pakistan records 5.37% rise in textile exports during July-Aug‘24-25

  

Pakistan’s textile exports increased by 5.37 per cent in the first two months of the fiscal year 2024-25 (July–August), as per data by the Pakistan Bureau of Statistics (PBS). The country's textile exports rose to $2.92 billion during this period from $2.77 billion in the same months last year, reflecting the sector's resilience amid global economic uncertainties.

Growth in the Pakistan’s textile sector was fuelled by several key segments within the industry including knitwear whose exports rose by 7.15 per centto $820.59 million as against $765.80 million in the previous year. This rise could be attributed to a growing global demand for casual and comfortable clothing, a trend that has accelerated post-pandemic.

Pakistan’s bedware exports expanded by 7.61 per cent to $505 million compared to $469 million during the same period last year. The demand for Pakistani bedware remains strong, particularly in Europe and North America, where quality textile products are highly valued.

Additionally, towel exports increased by 6.87 per cent to $170.77 million as against $160 million in the previous fiscal year. This growth highlights the competitiveness of Pakistan’s textile industry, known for meeting high international standards in both quality and production.

The RMG segment posted the highest growth, with exports rising by 18 per cent to $658.50 million from $559 million last year. This reinforces Pakistan’s growing reputation as a significant player in the global apparel market. The country’s skilled labor and cost-effective manufacturing have enhanced its position in the international fashion industry.

 
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