June 2024 saw a 3% decline in Pakistan’s textile exports on a month-over-month basis.

July 2023–24 had a 3.09 percent decrease in textile exports from $1,311.650 million in the same month the previous year.

Tents, canvas, and tarpaulin were among the textile products that helped the trade develop. In July 2024, exports of these goods reached $10.877 million, up 14.22% from $9.523 million in the same month the previous year.

In addition, commerce in ready-made clothing increased by 7.57 percent to $295.522 million from $274.730 million, while exports of art, silk, and synthetic textiles increased by 4.12 percent to $27.245 million.

Cotton yarn saw a 42.54 percent fall in exports from $97.031 million to $55.750 million, while cotton cloth saw a 0.56 percent decrease from 140.936 million to 140.148 million. These two textile items were among those with negative growth in trade.

Continue reading: In FY 2023–2024, Pakistan exported $430 million worth of vegetables.

Similarly, the export of yarn that wasn’t cotton fell by 22.35 percent, from 3.292 million to 2.556 million; knitwear fell by 1.88 percent, from $364.541 million to $357.686 million; bed wear fell by 1.20 percent, from $216.910 million to $214.305 million; and towels fell by 3.67 percent, from $72.766 million to $70.093 million.

Made-up article exports (apart from towels and bedding) fell from $48.057 to $51.039 million, a 5.84 percent decline.

From $53.956 million to $48.897 million, the value of exports of all other textile materials fell by 9.38%.

Month over month, the country’s textile exports fell by 10.13 percent in July 2024 compared to $1,414.417 million in June 2024, according to PBS data.