Pakistan’s textile exports fell by 15 percent in October 2022 on a year on year basis. On a month on month basis, textile exports fell 11 percent in October 2022 compared to September 2022.The country’s textile exports declined by one percent during the first four months of the current fiscal year compared to the same period of last year.

Cotton yarn exports fell 27 percent during the first four months of the current fiscal year. On a year on year basis, cotton yarn exports fell 53 percent while on a month on month basis they fell by 35 percent. Raw cotton exports grew 100 percent during the first four months of the current fiscal year on a year on year basis.The country’s overall exports during the first four months of the fiscal grew by one percent compared to the same period last fiscal.

Exports in October 2022 fell two per cent compared to September 2022 and by three percent compared to October 2021.The main commodities of exports during October 2022 were knitwear, readymade garments, bedwear, cotton cloth, rice, towels, madeup articles, fish and fish preparations, rice basmati and cotton yarn.