By Mati Ullah Khan
ISLAMABAD, Pakistan: The Country’s textile exports decreased by 20 percent to US$ 1.31 billion in May 2023 as compared to US$ 1.64 billion in the corresponding period of last year, according to the statistics released by the All Pakistan Textile Mills Association (APTMA).
Whereas the textile exports registered a 15 percent decrease in the first 11 months of the Fiscal Year 2022-23 as compared to the same period last year.
From July to May 2022-23, the Country’s textile exports stood at US$ 15.02 billion whereas exports were recorded at US$ 17.61 during the same period last fiscal year.
Textile Exports in FY 2022 & FY 2023
In Billion Dollars | |||
Month | FY 2022 | FY 2023 | % Change |
| July | 1.47 | 1.48 | 1% |
| August | 1.46 | 1.58 | 8% |
| September | 1.49 | 1.53 | 3% |
| October | 1.60 | 1.36 | -15% |
| November | 1.74 | 1.42 | -18% |
| December | 1.62 | 1.36 | -16% |
| January | 1.55 | 1.32 | -15% |
| February | 1.67 | 1.18 | -30% |
| March | 1.63 | 1.26 | -23% |
| April | 1.74 | 1.23 | -29% |
| May | 1.64 | 1.31 | -20% |
Total | 17.61 | 15.02 | -15% |
