Textile exports drop 11.5% YoY in May

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MG News | June 17, 2026 at 02:29 PM GMT+05:00

June 17, 2026 (MLN): The country's total textile exports drop up by 11.5% YoY to $1.25bn in May 2026, data released by the State Bank of Pakistan (SBP) showed.

Likewise, on a month-on-month basis, the exports of the same group registered a decrease of 14.17% MoM compared to exports worth $1.45bn in April 2026.

Cumulatively in 11MFY26, the textile exports increased by 0.89% YoY to $16.04bn compared to $15.9bn in 11MFY25.

The total exports as per BOP for May clocked in at $2.37bn, down by 3.11% YoY compared to $2.44bn in May 2025.

Likewise, on a monthly basis, exports declined by 9.58% MoM.

In May 2026, Textile Group products remained the major exportable goods for Pakistan as this group accounted for 52.69% of the total exports.

During the review month, key contributing products under the textile head were Knitwear ($304.77m), Readymade Garments ($303.98m), and Bed Wear ($221.31m).

Knitwear exports fell by 15.37%, Readymade Garments exports dropped by 3.63%, and the inflow of foreign currency through Bed Wear decreased by 17.07% .

The food group remained the second most contributing group in total exports. The export value of this group stood at $363.63m, showing a significant decline of 13.82% YoY compared to $421.95m in May 2025.

Likewise, on a monthly basis, the exports from the respective group fell by 13.75% MoM compared to $421.58m in April 2026.

Collectively in 11MFY26, the earnings from food group exports decreased by 27.82% YoY to $4.3bn compared to $5.96bn in 11MFY25.

Under the same group, Rice remained the major source of foreign exchange earnings as the export value of the commodity during May 2026 stood at $169.48m marking an increase of 16.42% MoM and 17.23% YoY.

The export of Oil Seeds, Nuts and Kernels stood at $29.47m in May, rising by 261.85% YoY and 1.38% MoM compared to $8.15m in May 2025 and $29.07m in April 2026 respectively.

Going forward, the exports of surgical goods & medical instruments fell by 5.56% YoY to clock in at $41.04m.

The exports of leather manufacturers also saw a negative trend as they went down by 1.44% YoY to $50.06m in May 2026.

Conversely, sports goods foreign earnings increased by 10.94% YoY to $38.26m in May 2026.

However, when compared with the figure of $41.25m in April 2026, the export of sports goods has decreased by 7.27% MoM.

The data further shows that the share of the Petroleum group in the country’s total export basket was only 4.2% in May 2026.

During the review period, the country earned $99.48m from exports of petroleum products, down by 8.12% YoY.


Copyright Mettis Link News

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