According to figures issued by the Pakistan Bureau of Statistics, Pakistan’s textile and garment exports increased by 19% in the 11 months of the current fiscal year (11MFY21) compared to the same time a year ago. According to a report by Pakistan Today Profit, overall textile and garment exports climbed 8.85 percent to $13.748 billion between July and May this year, compared to $11.567 billion in FY20. Exports grew 41.14 percent on a monthly basis to $1.06 billion in May 2021, compared to the same month the previous year. Ready-made garment exports climbed 14.35 percent to $2.706 billion in 11MFY21, compared to $2.367 billion in the same months last year. Knitwear exports climbed by 32.70 percent to $3.414 billion in the same months previous year, up from $2.572 billion. Bed wear exports grew by 24.60 percent to $2.472 billion. Exports of leather garments climbed by 9.92 percent, while those of leather gloves increased by 19.08 percent in the value-added sector. Cotton textile exports increased by 0.97 percent year over year in the non-value added sector in 11MFY21. Cotton yarn exports, on the other hand, fell by 1.60 percent, while raw cotton exports fell by 96.51 percent.
Overall Pakistan textile and garment exports climbed 8.85 percent between July and May this fiscal year
