Pakistan, July 19 -- Pakistan's textile exports grew by 7.22% in the fiscal year 2024-25, reaching $17.88 billion, up from $16.68 billion last year. This positive growth comes despite challenges like rising inflation, high energy tariffs, political instability, and weak global demand.
The increase was largely driven by value-added products such as knitwear (up 14.46%), readymade garments (16.35%), and bedwear (10.56%), while yarn exports declined due to shifting demand patterns.
Many industry players were initially concerned about a decline, but improved orders from Europe and the Middle East helped the sector avoid losses. Exporters shifted focus from raw materials to finished goods, which offer better profit margins and customized opt...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.