Pakistan
PAKISTAN: TEXTILE EXPORTS SURGE BY 9.31%
Pakistan’s textile exports recorded a significant increase of 9.31% during the first eight months of the current fiscal year (July-February 2024-25) compared to the same period last year, according to data released by the Pakistan Bureau of Statistics (PBS) on Monday. During this period, textile exports reached $12.18 billion, up from $11.14 billion in July-February 2023-24, reflecting steady growth in the country’s textile sector. Several textile products contributed to this export boost, including:✔ Knitwear – Up 17.08% to $3.39 billion from $2.90 billion✔ Bedwear – Increased by 13.11% to $2.11 billion from $1.87 billion✔ Ready-made garments – Surged by 19.94% to $2.77 billion from $2.30 billion✔ Towels – Grew by 5.59% to $729.3 million from $690.7 million✔ Tents, canvas, and tarpaulin – Jumped 18.56% to $91.3 million from $77 million✔ Art, silk, and synthetic textiles – Up 11.29% to $270.8 million from $243.3 million✔ Made-up textile articles (excluding towels and bedwear) – Gained 9.73% to $523.3 million from $476.9 million✔ Other textile materials – Slight increase of 2.89% to $496.4 million from $482.5 millionWhile overall textile exports witnessed a strong uptrend, some segments experienced a sharp decline:❌ Raw cotton exports plummeted by 98.44% to $8.71 million from $55.75 million❌ Cotton yarn exports fell 35.63% to $481.6 million from $748.3 million❌ Cotton carded or combed exports dropped by 98.08%, from $654 million to $6 million (ICE ISLAMABAD)
Fonte notizia: daily times