Pakistan’s exports of textile products increased 21 per cent Y-o-Y to $1.65 billion in March 2022 compared to $1.36 billion in March 2021, informs All Pakistan Textile Mills Association (APTMA). Strong demand in the West before the summer season gave a huge boost to Pakistan’s textile exports during the period while other factors like resumption of economic activities led to a shortage of various retail brands, competitive utilities and borrowing rates.

On a sequential basis, Pakistan’s textile exports dropped by 2.3 per cent M-o-M, compared to $1.69 billion in February 2022. Cumulatively, textile exports surged by 26 per cent Y-o-Y to $14.26 billion in 9MFY22 compared to $11.36billion in 9MFY21.