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Textile exports drift lower for third month

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ISLAMABAD: Amid growing concerns over the country’s export performance, Pakistan’s textile and clothing sector recorded a 0.67 per cent decline in October, which was the third straight month of negative growth, signalling persistent challenges in one of the country’s key industries.

The October decline extends a trend of volatility in the textile and clothing industry, which had seen a sharp rebound of over 30pc in July. The stark contrast highlights unstable global demand and ongoing domestic challenges that continue to weigh on the sector’s performance.

Official data released by the Pakistan Bureau of Statistics (PBS) on Tuesday showed that textile and clothing exports fell to $1.616bn from $1.625 billion in October 2024.

This sustained downturn signals persistent challenges facing the country’s........

© Dawn Business