ISLAMABAD, Feb 3 (NNN-APP) – Pakistan’s textile export suffered over 12 percent fall from a year earlier in Jan, said the All Pakistan Textile Mills Association (APTMA), a trade organisation representing the country’s textile.
Last month, textile exports of the country declined to 1.36 billion U.S. dollars, as compared to 1.55 billion dollars in Jan, 2022, the APTMA said, in a report yesterday.
The report said that, textile exports of Pakistan, during the first seven months of the current 2022-2023 fiscal year (from Jul 2022 to Jun 2023), decreased by eight percent to 10.08 billion dollars, as compared to 10.93 billion dollars, recorded in the first seven months of the fiscal year 2021-2022.
Earlier, a representative of the APTMA told media that, Pakistan’s textile sector got largely affected by the Russia-Ukraine conflict, and the unprecedented floods last year.
The textile sector of Pakistan is the largest single manufacturing sector of the country.– NNN-APP
