Textile exports up by 10% to $9.9bn in first six months of FY25
Decrease of 3% in exports has been showed during first 6 months of FY25 as compared to FY22
January 06, 2025
- Data shows textile exports dipped by 3% to $1.27 billion in July 2024.
- Exports increase by 13% to $1.64 billion in August of FY25, discloses data.
- Textile exports register reasonable hike by 18% to $1.61 billion in September.
ISLAMABAD: An increase of 10% in textile exports to $9.9 billion was witnessed in the first half of the ongoing FY25 as compared to the exports of $8.29 billion in the same period of FY24, The News reported on Monday.
However, during the first six months, FY25 showed a decrease of 3% in exports if compared with exports of $9.39 billion registered in FY22.
In the whole calendar year of 2024, the textile exports stood at $17.47 billion as against the exports of $16.07 billion during the calendar year 2023 showing an increase of 9%, according to the latest textile trade figures.
The trade data in the first 6 months of the current FY25 shows that in July 2024, the textile exports dipped by 3% to $1.27 billion as compared to exports of $1.31 billion in the same month of FY24.
However, if compared with the exports of $1.47 billion registered in the same month of FY22, the exports in July of FY25 tumbled by 14%.
Moreover, in August of FY25, the exports increased by 13% to $1.64 billion as compared to exports of $1.46 billion in the same month of FY24.
In September, the textile exports registered a reasonable hike by 18% to $1.61 billion as compared to $1.36 billion exports in the same month of FY24. In October, the exports stayed at $1.63 billion with an increase of 13% as against $1.44 billion in the same period of FY24.
In November, the exports stayed at $1.46 billion as compared to exports of $1.32 billion in the same month of FY24 showing an increase of 11%.
However, if compared with exports of $1.74 billion registered in November of FY22, the exports in the same period of FY25 have decreased by 16% to $1.46 billion.
Likewise, the exports in the months of December have surged by 11% to $1.48 billion as against $1.40 billion exports in the same month of December of FY24, but the exports have decreased by 9% if compared with exports of $1.62 billion of FY22.
