Pakistan’s textile exports saw a significant increase of 10.44% in the first four months of FY 2024-25, reaching a total of $6.146 billion, as reported by the Pakistan Bureau of Statistics (PBS).
In the same period, Pakistan’s total exports grew by 13.55%, reaching $10.889 billion. In October 2024 alone, the country’s exports amounted to $2.984 billion, which was a 5.22% increase compared to September and a 10.97% rise compared to the same month last year. The textile industry showed strong performance in October, with exports rising by 13.11% to $1.625 billion.
Despite the overall growth in the textile sector, cotton yarn exports saw a sharp decline of 45.59% during the July to October period. However, there was a positive trend in the rice export sector. Rice exports increased significantly by 52.53%, reaching $1.084 billion.
These figures highlight Pakistan’s growing export potential in various sectors, with textile exports continuing to lead, while some challenges remain, particularly in the cotton yarn segment.
The overall rise in exports is encouraging for the economy, as it shows growth in key industries, despite a few setbacks. The rise in rice exports also signals a strong performance in agricultural products, contributing to the positive trade outlook for the country.
