Pakistan exported textile products worth $6,883.615 million during the initial five months of the current financial year (2023-24), the Pakistan Bureau of Statistics (PBS) reported.
The exports of the product however witnessed a decline of 6.50 percent during July-November (2023-24) when compared to the exports of $7,361,914 million during July-November (2022-23).
The textile commodities that witnessed positive growth in trade included raw cotton, the exports of which grew by 253.10 percent, from $11.253 million last year to $39.733 million this year. Likewise, the exports of cotton yarn increased by 50.30 percent, from $328.197 million last year to $493.277 million this year, cotton carded or combed by 22.86 percent, from $0.477 million to $0.586 million and towels by 0.74 percent, from $409.510 million to $412.544 .
The textile commodities that witnessed negative growth include cotton cloth, the exports of which declined by 13.35 percent, from $903.685 million to $783.087 million, yarn other than cotton yarn by 11.47 percent, from $19.455 million to $17.223 million, and knitwear by 13.11 percent, from $2,112.818 million to $1,835.782 million.
Likewise, the exports of bed wear declined by 5.62 percent from $1,219.307 million to $1,150.777 million, tents, canvas and tarpaulin by 5.72 percent, from $51.514 million to million, $48.568 , ready-made garments by 9.45 percent, from $1,513.719 million to $1,370.736 million.
