Home Business Pakistan achieves record textile exports of $16 billion in ten months.

Pakistan achieves record textile exports of $16 billion in ten months.

According to the Pakistan Bureau of Statistics, textile group exports in Pakistan reached a new high of $15.981 billion from July to April 2021-2022, up from $12.688 billion in the same period the previous year, representing a 25.96 percent rise (PBS).

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According to the Pakistan Bureau of Statistics, textile group exports in Pakistan reached a new high of $15.981 billion from July to April 2021-2022, up from $12.688 billion in the same period the previous year, representing a 25.96 percent rise (PBS).

Textile group exports climbed 7.01 percent month on month to $1.739 billion in April 2022, compared to $1.625 billion in March 2022. Textile group exports increased by 30.50 percent year on year in April 2022, compared to $1.332 billion in April 2021.

Cotton yarn exports increased by 22.11 percent from July to April 2021-22, remaining at $1.006 billion compared to $823.952 million in the same period the previous year. And decreased by 4.95 percent in April 2022, remaining at $97.655 million compared to $102.736 million in the same month the previous year.

The country’s total exports for July-April (2021-22) totaled $26.247 billion. Up from $20.905 billion during the same period last year, representing a 25.55 percent rise.

The country’s exports in April 2022 totaled $2.897 billion, up 4.32 percent from $2.777 billion in March 2022 and up 30.61 percent from $2.218 billion in April 2021.

The major exports during April,2022 were knitwear (Rs. 90,096 million), readymade garments (Rs. 64,669 million), bed wear (Rs. 51,398 million), cotton cloth (Rs. 38,763 million), rice others (Rs.32,704 million), towels (Rs.19,974 million), cotton yarn (Rs.18,016 million), madeup articles (excl. towels & bedwear) (Rs.15,277 million), rice basmati (Rs.8,067 million).

 

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