In a setback for Pakistan's economy, textile exports witnessed a 5.43% MoM decline, totaling $1.37bn in November 2023. 

Year-on-year figures also reflected a 3.52% decrease. Notably, the 5MFY24 cumulative textile exports dropped by 10.14% YoY. 

However, a silver lining emerged as the overall current account balance showed a $9 million surplus, breaking a streak of four consecutive monthly deficits. 

Textile products remained the country's primary export, comprising 50.31% in November, with key categories like Knitwear and Readymade Garments facing declines. 

Leather exports decreased, while sports goods exhibited a YoY increase but dipped slightly MoM.