Financial Results

Net Profits Of Pak Listed Textile Companies Drop 64.2% In Q1

Textile Insights May 13, 2024

The stress on Pakistan’s Karachi Stock Exchange (KSE) listed textile and garment manufacturing companies continued into the first quarter of 2024 as the sector grappled with various challenges. So, while the KSE-100 Index broke all previous records, KSE listed textile and apparel sector

Export

Pakistan Textile Exports Inch Up 3% In February 2024

Textile Insights April 3, 2024

Pakistani textile exports reported an increase of 3 percent in March 2024 to total US $1.3 billion as against $1.26 billion posted in the same month of the earlier year. Textile exports dropped in March 2024 by around 8 percent month on month from $1.41 billion in February 2024. “This is the fourth successive month […]

Export

Pakistan’s Textile Exports Soar 20% In February 2024

Textile Insights March 5, 2024

Pakistan’s textile exports soared 20 percent in February 2024 and amounted to US $1.41 billion compared to $1.18 billion during the same month of earlier year. This is the third consecutive month when textile exports posted a year-on-year increase and the highest year-on-year monthly increase in percentage terms after May 2022. “However, on a month-on-month […]

Export

Pakistani Textile Exports Grow For Second Consecutive Month

Textile Insights February 17, 2024

Pakistani textile exports grew for the second consecutive month in January 2024 and totaled US $1.45 billion, up 10.10 percent year on year and 3.98 percent month on month. Cotton yarn exports registered a remarkable 19.78 percent year on year growth and stood at $81.295 million. However, they declined 14.65 percent when compared with December […]

Export

Pakistan Textile Exports Post Turnaround In December

Textile Insights January 4, 2024

Pakistan’s textile exports in December 2023 posted a turnaround in the declining trend and amounted to US $1.4 billion, an increase of 3 percent over $1.36 billion recorded in the same month of 2022. According to data released by the All Pakistan Textile Mills Association (APTMA), textile exports were also 6 percent higher in December […]

Export

Pakistani Textile Exports Continue Downward Slide In Nov

Textile Insights December 20, 2023

Pakistani exports of textiles continued their downward slide where they stood at US $1.37 billion in November 2023, down 3.51 percent year on year and also down 5.43 percent month on month. In the first five months of fiscal 2023-24 ending November 2023, textile exports from Pakistan amounted to $6.9 billion, a drop of 10.14 […]

Export

Pakistan Textile Sector Drafts Plan To Reach $50bn In Exports

Textile Insights December 12, 2023

The Pakistan textile industry has submitted an ambitious plan to the government to achieve a US $50 billion export target in textile and apparel exports. The industry has submitted a list of recommendations for removing barriers and providing incentives to reach the target to the Export Advisory Council for Textiles. In a presentation, the industry […]

Export

Pakistan Textile Exports Bounce Back In October

Textile Insights November 18, 2023

Pakistan textile exports bounced back in October and showed year on year growth for the first time in the current year. “Exports of textile totaled US $1.43 billion, compared to $1.36 billion registered in the same month of earlier year recording a growth of 5 percent,” Pakistan Bureau of Statistics informed. However, in the first […]

Export

Oct Pak Textile Exports Post Growth First Time This Year

Textile Insights November 3, 2023

Pakistani textile exports reported a growth for the first time this year in October 2023, after nine months of decline in the current year. “Overseas shipments of textiles grew 5 percent in October 2023 to US $1.43 billion when compared with October 2022,” data released by All Pakistan Textile Mills Association (APTMA) informed. However, textile […]

Export

Pak Textile Exports Continue Downward Trend In August

Textile Insights September 12, 2023

Exports of textiles continued to remain in a downward trend in August, where they declined to US $1.48 billion, down 6 percent, when compared to $1.58 billion reported in the same month of 2022. In the period between January and August 2023, Pakistan’s textile exports dropped 19 percent year on year to $10.58 billion, provisional […]