Pakistan’s textile industry continues to play a key role in the national economy. It also remains one of the country’s major export sectors.
Textile exports reached $17.93 billion during the last fiscal year. The figure represents an increase of $40 million compared with the previous year.
Textile Exports Continue to Rise
The sector has maintained its export momentum during the current fiscal year. Textile and apparel exports increased by 5.55% during the first two months.
As a result, exports reached $3.38 billion during the period. The growth highlights the continued importance of textiles to Pakistan’s external trade.
Key Sector for Pakistan’s Economy
The textile industry supports Pakistan’s export earnings and broader economic activity. It also contributes to employment across manufacturing and related industries.
Moreover, continued export growth can strengthen the sector’s role in Pakistan’s international trade. The latest figures show that textile products remain an important source of foreign exchange for the country.
Read More Articles:
Pakistan, China Reaffirm Strategic Partnership
