ISLAMABAD: Pakistan’s textile exports have shown a growth of 10%, reaching $9.09 billion during the first half of the current fiscal year (2024-25), compared to $8.29 billion during the same period in FY 2023-24.
According to data compiled by the All Pakistan Textile Mills Association (APTMA), textile exports experienced a 3% decline in July 2024. However, growth was observed in subsequent months: 13% in August, 18% in September, 13% in October, 11% in November, and 6% in December.
“The first half of FY25 saw a 10% increase compared to the first six months of FY24. However, textile exports in FY25 showed a 3% decrease compared to FY22,” stated APTMA, one of the most influential bodies in the textile sector.
Textile sector exports in the first half of FY22 were $9.38 billion, followed by $8.72 billion in FY23. Notably, textile exports in December 2022 stood at $1.62 billion, in December 2023 at $1.36 billion, and in December 2024 at $1.40 billion, reaching $1.48 billion in December 2025.
The government has announced a three-month Winter Incentive Package, which began in December 2024 and will continue through February 2025, following approval from the International Monetary Fund (IMF). The government is confident that if the current incentives deliver positive results, the IMF will be approached for an extension of the package.
APTMA is also advocating for further benefits for the industry, pushing for measures that would provide additional support to boost exports. Additionally, it is urging the government to reduce policy rates to bring them into the single-digit range.
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