Pakistan textile and garment exports surge by 25.43% in 9MFY2022

Pakistan’s textile and garment exports grew by 25.43 per cent Y-o-Y in value to $14.242 bilionin the first nine months of fiscal 2021-22, as per the data from Pakistan Bureau of Statistics.

Knitwear exports by the country surged by 34.12 per cent Y-o-Y to $3.729 billion during the nine-month period, while exports of non-knit readymade garments increased by 26.24 per cent to $2.863 billion.

Bedwear exports increased by 19.33 per cent to $2.448 billion during the nine-month period

Pakistan’s cotton yarn exports increased by 25.97 per cent to $908.487 million in July-March 2021-22, as against exports of $721.216 million made during the corresponding period of 2020-21. Exports of cotton fabric also rose by 26.51 per cent and were valued at $1.795 billion during the period under review.

On the other hand, synthetic fibre imports surged by 27.51 per cent year-on-year to $562.281 million, while imports of synthetic and artificial silk yarn rose 30.10 per cent to $650.219 million during July-March 2021-22.