Pakistan’s textile exports declined 1.42 per cent during the eight months of current financial year 2020-21 as compared to the corresponding month of last year. As per State Bank of Pakistan, from July 2020-February 2021, Pakistan exported textile and its articles worth $9057.503 million against the exports of $9152.889 million during July 2019-February 2020, showing negative growth of 1.42 percent, says Business Recorder.

Exports of textile commodities like man-made staple fibers grew by 0.65 per cent from $206.962 million last year to $208.318 million during the period under review. Apparel and clothing accessories exports rose 1.63 per cent from $2247.134 million to $2058.455 million while the exports of other made-up textiles also increased by 9.86 percent from $2692.131 million to $2957.635 million.

On the other hand, export of cotton declined 21.44 percent from $2215.134 million to $1740.110 million while the export of man-made filaments also decreased by 34.02 percent from $36.526 million to $24.097 million.