• Linkdin

Pakistan's textile & apparel exports rise 25.96% in July-April FY22

20 May '22
2 min read
Pic: Sorbis / Shutterstock.com
Pic: Sorbis / Shutterstock.com

The value of textile and garment exports from Pakistan increased by 25.96 per cent year-on-year in dollar terms in the first ten months of fiscal 2021-22. During the period, Pakistan earned $15.981 billion from textile and apparel exports, compared to exports of $12.688 billion in July-April 2020-21, according to data from Pakistan Bureau of Statistics.

It is important to mention that Pakistan’s textile and garment exports in the first ten months of the current fiscal surpassed the exports of previous fiscal 2020-21, which stood at $15.400 billion.

Category-wise, knitwear exports rose by a sharp 35.14 per cent year-on-year to $4.218 billion during the ten-month period, while exports of non-knit readymade garments were up 27.95 per cent to $3.214 billion.

Among textiles, cotton yarn exports increased by 22.11 per cent to $1006.142 million in July-April 2021-22, as against exports of $823.952 million made during the corresponding period of 2020-21. Exports of cotton fabric also rose by 26.81 per cent and were valued at $2.005 billion during the period under review.

Bedwear exports jumped by 19.01 per cent to $2.727 billion during the ten-month period, the data showed.

On the other side, synthetic fibre imports shot up 25.92 per cent year-on-year to $632.796 million, while imports of synthetic and artificial silk yarn rose 27.15 per cent to $720.343 million during July-April 2021-22.

Meanwhile, the value of textile machinery imports by Pakistan increased significantly by 56.38 per cent year-on-year to $678.452 million during the ten-month period.

In fiscal 2020-21 ending June 30, textile and garment exports from Pakistan increased by 22.94 per cent to $15.400 billion over $12.526 billion exports in the previous fiscal. In fiscal 2018-19, the value was $13.327 billion.

The impressive growth in textile related exports and imports shows fast recovery after the COVID-19 pandemic. Steep price rise in cotton and limited supplies also supported Pakistan’s exports.

Fibre2Fashion News Desk (KUL)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search