IslamabadPakistan’s textile exports showed a notable increase of 10.44% in the first four months (July-October) of the fiscal year 2024-25, reaching $6.146 billion compared to $5.565 billion during the same period last year, according to data from the Pakistan Textile Industries Bureau. Statistics (PBS).
Overall, the country’s total exports during the fourth fiscal year 2025 amounted to $10.889 billion (provisional), registering a 13.55% increase from $9.590 billion in the corresponding months of the previous year. Exports in October 2024 amounted to $2.984 billion, an increase of 5.22% compared to $2.836 billion in September 2024, and an increase of 10.97% compared to $2.689 billion in October 2023.
The textile sector continued to lead export growth, with textile group exports increasing by 13.11% in October 2024, totaling $1.625 billion compared to $1.437 billion in October 2023. On a monthly basis, textile exports saw a slight decline, up 1.30% from $1.604 billion in September 2024.
However, cotton yarn exports faced major challenges, registering a 45.59% decline in the first four months of fiscal 2025, falling to $221.76 million from $240.76 million in the same period last year. Cotton yarn exports witnessed a growth of 13.83% month-on-month in October, reaching $59.18 million compared to $51.99 million in September 2024. However, the year-on-year decline remained sharp, falling by 35.79% compared to $92.16 million in October. . 2023.
Meanwhile, rice exports rose 52.53% in the first four months of fiscal 2025, totaling $1.084 billion, up from $710.79 million during the same period last year. October 2024 saw rice exports rise by 40.88% month-on-month to $362.33 million, up from $257.2 million in September 2024, and 19.03% year-on-year from $304.4 million in October 2023.
Major export commodities for October 2024 include knitwear (Rs. 136.36 billion), ready-made garments (Rs. 100.55 billion), rice (Rs. 81.54 billion), and nightwear (Rs. 76.28 billion). Despite the challenges facing cotton spinning, the overall performance of the textile sector was strong, driven by growth in apparel, rice and other value-added products.
This growth trend highlights the resilience of Pakistan’s textile sector, despite challenges facing exports of raw materials such as cotton yarn, and highlights the country’s competitive advantage in apparel and agricultural exports.