Pakistan registered a 8.67 per cent growth in textile exports in last fiscal mainly due to sharp rupee depreciation, improvement in energy supply, partial releasing of refunds and cash subsidies under the Prime Minister Export Package. The country exported textile and clothing products worth $13.5 billion during the year 2017-18 as against $12.5 billion of the preceding year, according to the Pakistan Bureau of Statistics (PBS).

As per PBS, the main growth driver was the value-added textile sector. Exports of ready-made garments increased 11.22 per cent in the last financial year while knitwear exports increased 15.17 per cent during the period under review. Exports of bed wear went up by 5.77 per cent in value. Similarly, exports of made-up articles, excluding towels, increased by 7.04 per cent. Art, silk and synthetic textile exports grew by 65.09 per cent during the period under review. Exports of cotton yarn witnessed an increase of 10.3 per cent and exports of cotton cloth recorded a growth of 3.17 per cent.