The apparel export of Pakistan has recorded a growth of 2.9% in Q1 of the current FY.
The knitwear product export figure reached double digits in the period. And the latest data from the official source of the USA showed that Pakistan’s growth ratio in the US market was 6.58%.
Textile and Garments Industry of Pakistan is considered the most vital sector of its economy and the largest industry with a 46% share of total manufacturing. Accounting for 67% of exports, employment for 40% of the workforce and a 10.20% share in GDP confirms the importance of this sector.
Pakistan is also one of the world’s leading cotton producers, which aided the country in the growth of the industry.