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Textile exports earn $12.444b for Pakistan in 9 months

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Pakistan earned $12,444.820 million from exports of textile products during the first nine months of the current financial year (2023-24), the Pakistan Bureau of Statistics (PBS) reported here on Thursday.

The exports of the textile product however, witnessed a nominal decline of 0.25 percent during July-March (2023-24) as against the exports of $ 12,476.444 million during July-March (2022-23).

The textile commodities that witnessed positive trade growth included raw cotton, the exports of which grew by 331.88 percent, from $12.987 million last year to $56.086 million this year.

Likewise, the exports of cotton yarn increased by 38.17 percent, from $ 573.084 million last year to $ 791.808 million this year and bed wear by 2.78 percent, from $ 2,031,740 million to $ 2,088,267 million.

The export of towels also surged by 5.17 percent from $745.288 million to $783.799 million whereas the export of made-up articles up by 0.17 percent to $535.662 million from $534.764 million.—APP

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