Textile exports fall on sluggish demand

ISLAMABAD: Pakistan’s textile and clothing exports fell by 7.22 per cent in February compared to the same month last year, underscoring weakening demand in global markets.

The decline follows a brief rebound in January, when the sector managed a modest year-on-year increase of 3.14pc, according to figures released by the Pakistan Bureau of Statistics.

This reversal highlights the volatility facing one of the country’s most critical industries, where international demand remains fragile and growth spurts are short-lived.

The export proceeds from the sectors recorded a negative growth since October. The exports fell by 8.56pc in December, 2.57pc in November and 0.57pc in October.

Official data showed that textile and clothing exports fell slightly to $1.311bn in February from $1.413bn a year ago.

Exports of readymade garments dipped 0.56pc in value but grew 3.60pc in quantity in February, while knitwear dipped 14.51pc in value and 5.91pc in quantity. Bedwear dipped 11.51pc in value and 11.23pc in quantity.

Towel exports fell 16.37pc in value and 21.64pc in quantity in February, whereas cotton cloth went down 10.91pc in value and........

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