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Pakistan textile exports bags $6.02 bn in July-October ’21

Pakistan textile exports earned $6.02 billion in July to October 2021 period. Registering a 26.55% growth in the first four months of the current 2021-22 fiscal year. Which was $4.76 billion in the previous 2020FY, as per the recently released data of Pakistan Bureau of Statistics (PBS).

Figure: Pakistan textile exports earnings in July to October 2021 period.

Among the textile exports, cotton yarn grew by 71.39 percent to $394.76 million in July-October this year from $230.33 million last year.

While the exports of cotton fabric increased by 18.54 percent from $624.88 million to $740.71 million.

In addition, bedwear exports increased to $1.09 billion in July to October 2021 period from $899.55 million from the previous FY, observing a 21.30 percent annual growth.

Export earning of other textile and apparel segments

RMG $1.16 billion
Towels $323.38 million
Art, silk and synthetic textile $143.32 million
Made-up articles (excluding bedwear & towels) $268.58 million
All other textile materials and commodities $249.95 million

Export of towels grew by 14.17 percent to $323.38 million; readymade garment (RMG) export grew by 22.34 percent to $1.16 billion; the export of art, silk and synthetic textile increased by 36.20 percent to $143.32 million; made-up articles (excluding bedwear and towels) exports increased by 11.55 percent to $268.58 million, whereas the exports of all other textile materials and commodities increased by 27.73 percent on Y-o-Y basis to $249.95 million.

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