adv-07

pakistan-textilesAccording to the Pakistan Bureau of Studies, Pakistan’s complete textile exports elevated by 23% calendar year on yr to $15.42 billion in FY 2021.

Knitwear exports elevated by 37% yr on calendar year to $3.83 billion in FY21, up from $2.80 billion in FY20. Amongst other points, exports of mattress don and readymade garments improved by 29% yr on calendar year and 19% 12 months on 12 months, respectively. This exponential improve in textile exports all through FY21 can be attributed to a 73% increase in exports to $1.67 billion in the course of the remaining month of June’21, as nicely as a 57% improve more than the previous thirty day period of May’21. The country’s textile exports are expected to grow further more in FY22, as need for Pakistani textiles is anticipated to continue to be robust, as numerous nations have created a preference for Pakistani textile items.