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Pakistan’s textile and apparel exports increase 231.2 per cent in April

  

In April 2021, Pakistan’s textile and apparel exports increased 231.2 per cent year-on-year but declined 1.3 per cent month-on-month, and rose by 17.4 per cent compared with that in same period of 2019. As per the CCF Group report, Pakistan’s export of knitwear, bedding and towels rose 238.2 per cent, 181.9 per cent and 308.4 per cent in volume respectively compared with the same period of last year. Compared with the same period of 2019, the export volume increased by 36.5 per cent, 24.7 per cent and 12.9 per cent respectively, indicating that the above three have recovered to the pre-pandemic level, and even achieved double-digit rises.

However, Pakistan’s apparel, cotton yarn and cotton fabric exports declined in varying degrees by 18.4 per cent, 17.6 per cent and 84.5 per cent respectively, indicating that the above three have not yet recovered, among which the export of cotton fabric had a larger decline.

From the perspective of cumulative exports from January to April, compared with the same period in 2019, total export volume of textile and apparel increased by 17.1 per cent, in which the cumulative export volume of knitted fabrics, bedding and towels rose by 31.6 per cent, 20 per cent and 14.3 per cent respectively while that of apparel, cotton yarn and cotton fabric dropped by 21.1 per cent, 2.8 per cent and 81.2 per cent respectively.

 
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