Karachi, January 20, 2025 – Pakistan’s textile sector has achieved a significant milestone, recording over $9 billion in export earnings during the first half (July–December) of the current fiscal year 2024-25.
According to data released by the Pakistan Bureau of Statistics (PBS) on Monday, textile exports reached $9.08 billion, reflecting an impressive growth of 9.67% compared to $8.28 billion in the same period last fiscal year. This performance underscores the sector’s resilience and pivotal role in the country’s economic recovery.
Among the textile components, readymade garments emerged as the top performer. Exports of readymade garments surged by 22.48%, earning $2.04 billion during the first six months of FY25, compared to $1.67 billion in the corresponding period of FY24.
Similarly, knitwear, a key contributor to Pakistan’s textile exports, registered a robust growth of 16.49%, with export earnings increasing to $2.57 billion from $2.20 billion during the same period last year. The category’s strong demand in international markets reflects its growing competitiveness.
The bedwear segment also demonstrated notable growth, with export earnings rising by 16.49% to $1.58 billion in the first half of FY25, compared to $1.38 billion during the corresponding period last fiscal year.
In addition, cotton cloth, a critical segment of the textile sector, earned $965 million in foreign exchange during the first six months of FY25, up by 4.10% from $927 million in the same period last year.
The textile industry remains the backbone of Pakistan’s economy, contributing approximately 55% of the country’s total exports, which amounted to $16.64 billion in the first half of FY25. Despite global economic challenges and rising production costs, the sector continues to demonstrate resilience and growth, supported by competitive pricing, government incentives, and an increase in global demand for Pakistani textile products.
Experts believe the textile sector’s upward trend will likely continue in the second half of the fiscal year, provided that the government ensures uninterrupted energy supplies, improved access to raw materials, and favorable trade policies. Strengthening the sector further could help Pakistan bridge its trade deficit and achieve broader economic stability.