Pakistan earns over 15 bln USD from textile exports in first 11 months of FY 2023-24

  • World
  • Monday, 17 Jun 2024

ISLAMABAD, June 16 (Xinhua) -- Pakistan has earned 15.241 billion U.S. dollars through textile products exports in the first 11 months of the ongoing fiscal year starting from July 2023 to June 2024, officials from the Pakistan Bureau of Statistics (PBS) said on Sunday.

The exports of textile products increased by 1.41 percent during July-May of the current fiscal year as against the exports of 15.029 billion dollars during the same period of the last fiscal year 2022-23, the PBS officials told Xinhua.

On a year-on-year basis, textile exports increased by 18 percent, going up from 1,320.548 million dollars in May 2023 to 1,558.230 million dollars in May 2024.

On a month-on-month basis, the textile exports also rose 25.94 percent when compared to the exports of 1,237.313 million dollars in April 2024.

The textile commodities that witnessed positive trade growth included raw cotton, cotton yarn, bedwear, towels, ready-made garments and other made-up articles.

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