Pakistani textile and apparel exports continue to move down in Oct, 2022

Pakistani textile and apparel exports slipped greatly recent months instead of sharp increase in the first half of this year. In Oct 2022, Pakistani textile and apparel export value hit new low and reached $1357 million, down $170 million compared to last month. The lack of orders in South Asia gradually showed. The exports value of knitted fabrics and beddings reduced mostly dramatically, and both declined almost $100 million on month. Meanwhile, not only textile and apparel exports in end market shrank, but the export demand for commodities like yarn and fabric also weakened. In comparison, Pakistani import value rose to about $320 million, up 9% on month in Oct.