Export

Pakistan’s Textile & Apparel Exports Hit 12-Month Low In April

Textile Insights May 17, 2024

Pakistan’s textile and apparel exports hit a 12-month low in April where they stood at US 1.237 billion as against $1.232 billion reported in April 2023. According to data from Pakistan Bureau of Statistics (PBS), textile and garments exports declined by 4.84 percent in April 2024 and stood at

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 companies posted a 64.2 percent year on year drop in net profits […]

Export

Pakistani Textile & Garment Exports Grow Slower At 3.2% In March

Textile Insights April 19, 2024

After posting double digit growth in three previous consecutive months Pakistan’s textile and garment exports slipped into low single digit growth in March 2024 Exports of textiles and apparels grew by a paltry 3.29 percent to US $1.29 billion in March as against $1.25 billion in the same month of 2023, data from Pakistan Bureau […]

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

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 […]