Pakistan’s clothing, textile exports spiked to $13.7 billion

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Textile exports dip by 61pc in first nine days of January
Textile exports dip by 61pc in first nine days of January
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The Pakistan exports of textile and clothing has soared to $13.7 billion with a growth of 19 percent in the last 11 months of the current Fiscal Year.
According to the data released by the Pakistan Bureau of Statistics (PBS), Pakistan has witnessed a positive increase of over 19 percent in its exports by exporting a total of $13.7 billion of clothes and other textile products.
According to the data exports of ready-made garments spiked by 14.35pc to $2.706bn in FY21 against $2.367bn over the corresponding months of last year. Knitwear exports were up 32.70pc to $3.414bn against $2.572bn over the corresponding months of last year. Exports of bedwear increased by 24.60pc to $2.472bn this year against 1.984bn in FY20.
A growth of 28.54pc was seen in export of towels to $838.507m in 11MFY21 against $652.351m over the last year.
Similarly, in the value-added leather sector, exports of leather garments up by 9.92pc, leather gloves 19.08pc respectively. Exports of raw leather declined by over 17pc during these months.

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