Pakistan’s textile exports increased by 231% YoY in Apr-2021, where such impressive growth (or rather, recovery) was always on the cards, given the lockdowns last year as business activities remained curtailed. Among the major value-added categories, growth was most rampant in garments (297% YoY), knitwear (274% YoY), bed-wear (212% YoY). Similarly, cotton cloth (200% YoY)…
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Pakistan textile exports surge by 30% YoY in March
During Mar-2021, textile exports increased by 30% YoY to US$1.36bn, compared to US$1.04bn in the same month last year. Growth during the month was essentially a recovery, given the poor performance of textile exports in Mar-2020 owing to the lockdowns. Had the pandemic not occurred, the growth in Mar-2021 would have been closer to ~3.5%…