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Pakistan textile exports surge to $17.62 million during July-May 21-22

  

As per the Pakistan Bureau of Statistics, the country’s textile exports generated revenues worth $17.62 million July-May 2021/22.

In May 2022, Y-o-Y textile exports grew 56 percent to $1.64 billion as compared to $1.05 billion in the same month a year ago, while M-o-M growth declined by 5.6 percent. The exports of this group stood at $1.73 billion in April 2022. In the textiles group, cotton yarn exports increased 24.2 percent during the period to $1.11 billion compared to $896 million in the same period last year, with May 2022 exports up 48 percent to $106.57 million over the same month last year.

Cotton cloth exports increased 30.34 percent to $2.24 billion, knitwear 36.4 percent to $4.65 billion, bedwear 21.68 percent to $3.0 billion, towels 21.66 percent to $1.02 billion, and readymade garments exports grew 30.68 percent to $3.54 billion in these eleven months. Raw cotton exports went up by 10 times to $6.58 million.

 
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