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Friday, 29 July 2022 12:48

Pakistan’s ready-to-wear apparel exports surge 28.75% in 2021-22

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Pakistan’s ready-to-wear apparel exports increased by 28.75 per cent to $3,904.658 million in fiscal year 2021-22 from $3,032.812 million in fiscal year 2020-21, as per a report by WealthPK.

According to Pakistan Bureau of Statistics, the export volume of ready-to-wear garments increased by 14.62 per cent to $368.699 million in June 2022, compared to $321.670 million in May 2022.

Year-on-year, Pakistan’s ready-to-wear apparel exports increased by 13.13 per cent, with their volume amounting to $325.910 million in June 2021.

AmjadHussain, Deputy Director, Sadaqat Textile Mills, says ready-made garments contributed 20 per cent T to Pakistan’s total textile exports of $19.329 billion in fiscal year 2022. He said added that the ready-to-wear industry has made remarkable progress.

Hussain said the demand for woven garments has grown rapidly in recent years. He said that North America and the European Union were the main importers of Pakistani cloth. He urged the government to help the garment industry by organizing training for its workers, providing modern technology, improving its access to credit and extending professional consultancy services to garment units so that Pakistani exporters can compete with their rivals in the international market.

AmjadHussain said new technologies of mass customization, contactless body measurement and digital printing will play a vital role in the development of the industry. The apparel industry can meet strong demand patterns that will help earn foreign exchange reserves and positively impact the trade deficit, he adds