Pakistan's textile & apparel exports up 3.68% in July-September 2022

23 Oct '22

2 min read

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The value of textile and garment exports from Pakistan increased by 3.68 per cent in July-September 2022, the first three months of the fiscal 2022-23 (July-June). During this period, Pakistan earned $4.583 billion from textile and apparel exports, compared to $4.420 billion in July-September 2021, as per data released by the Pakistan Bureau of Statistics.

Category-wise, knitwear exports rose by 15.40 per cent year-on-year to $1,320.897 million during the period under review, while exports of non-knit readymade garments were up 5.85 per cent to $911.514 million.

As for textiles, cotton yarn exports decreased by 18.14 per cent to $236.263 million, while exports of cotton fabric rose by 4.21 per cent to reach $580.524 million in July-September 2022. Bedwear exports declined by 2.93 per cent to $779.703 million during this period, the data showed.

Synthetic fibre imports decreased by 38.84 per cent year-on-year to $149.456 million, while imports of synthetic and artificial silk yarn dropped by 30.90 per cent to $156.454 million during the same period.

Meanwhile, the value of textile machinery imports by Pakistan in July-September 2022 decreased significantly by 36.73 per cent year-on-year to $146.077 million.

In fiscal 2021-22 ended June 30, textile and garment exports from Pakistan increased by 25.53 per cent to $19.329 billion over $15.399 billion in the previous fiscal. In fiscal 2019-20, the exports amounted to $12.526 billion.

Fibre2Fashion News Desk (KUL)

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