Pakistan’s Textile Exports Increased by 23% in FY21
The country’s fabric organization exports grew via way of means of 22. ninety-four percent over the past economic yr 2020-21 and remained $15.four billion in comparison to $12.526 billion throughout 2019-20, consistent with the Pakistan Bureau of Statistics (PBS).

Pakistan’s Textile Exports Increased by 23% in FY21

The PBS facts at the exports and imports found out that the fabric organization exports registered a boom of 57. eighty-one percentage on a month-on-month foundation while it reached $1.660 billion in June 2021 in comparison to $1.051 billion in May 2021.


Textile exports grew via way of means of 73.08 percentage on a yr-on-yr foundation and remained $1.660 billion in June 2021 in comparison to $959.137 million in June 2020.

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Raw cotton exports registered a decline of 95.27 percentage throughout July-June 2020-21 and remained at $0.804 million, as in comparison to $17.002 million throughout the equal length ultimate yr. 


 They multiplied via way of means of sixty-seven. seventy-six percentage throughout June 2021 and remained at $120.931 million in comparison to $72.087 million throughout May 2021, and multiplied via way of means of 62. seventy-one percentage in comparison to $74.323 million throughout the equal month of ultimate yr.


Petroleum organization imports had an increase of 9.09 percentage as they reached $11.357 billion throughout July-June 2020-21 while as in comparison to $10.411 billion throughout the equal length ultimate yr. They boom via way of means of 144.38 percentage after they reached $1.475 billion in June 2021 in comparison to $603.eighty four million throughout June 2020, and registered a increase of 24.60 percentage in comparison to $1.184 billion in May 2021.


Construction equipment imports declined hugely via way of means of 26. fifty-two percentage throughout the July-June 2020-21 and remained at $141.29 million in comparison to $192.28 million throughout the equal length ultimate yr.

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The country’s exports throughout July-June 2020-2021 totaled $25.304 billion (provisional) against $21.394 billion throughout the corresponding length of the ultimate yr, displaying a boom of 18.28 percentage.


The exports in June 2021 had been $2.729 billion (provisional) in comparison to $1.671 billion (provisional) in May 2021, displaying a boom of 63.32 percentage and 70. sixty-seven percent in comparison to $1.599 billion in June 2020.


The country’s imports throughout July-June 2020-21 totaled $56.405 billion (provisional) against $44.553 billion throughout the corresponding length of the ultimate yr, displaying a boom of 26.60 percentage.

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The imports in June 2021 had been $6.377 billion (provisional) in comparison to $5.297 billion (provisional) in May 2021, displaying a boom of 20.39 percentage and 72.21 percentage in comparison to $3.703 billion in June 2020.


The country’s exchange deficit had widened via way of means of 34.10 percentage to $31.one hundred and one billion throughout July-June 2020-21 in comparison to $23.159 billion throughout the equal length (July-June) of 2019-20.


The most important export commodities throughout June 2021 had been knitwear (Rs. 64,187 million), readymade garments (Rs. 50,895 million), mattress wear (Rs. 46,694 million), cotton cloth (Rs. 31,980 million), cotton yarn (Rs. 18,885 million), rice others (Rs. 18, one hundred ninety million), towels (Rs.15,465 million), made-up articles with the exception of towels and bedwear (Rs.12,342 million), fruits (Rs.11,792 million) and basmati rice (Rs.10,722 million).

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The most important import commodities throughout June 2021 had been petroleum products (Rs. 113,787 million), petroleum crude (Rs.59,761 million), strength producing equipment (Rs.50,794 million), herbal gas, liquefied (Rs. 49,083 million), palm oil (Rs. 42,366 million), medicinal products (Rs.38,121 million), electric equipment and apparatus (Rs.34,669 million), plastic materials (Rs. 33,851 million), cell phones (Rs.31,963 million), fertilizer manufactured (Rs. 27,767 million).

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