Textile exports drops 12% MoM in August
MG News | September 17, 2026 at 10:12 AM GMT+05:00
September 17, 2026 (MLN): Textile exports drop by
12.48% MoM to $1.43bn in August 2026 compared to $1.64bn in July 2026, data
released by the State Bank of Pakistan (SBP) showed.
On a year-on-year basis, the exports of the same group
registered an increase of 1.99% compared to exports worth $1.41bn in August
2025.
The total exports as per BOP for August clocked in at
$2.46bn, down by 1.12% YoY compared to $2.49bn in August 2025.
Likewise, on a monthly basis, exports declined by 17.59%
MoM.
In August 2026, Textile Group products remained the
major exportable goods for Pakistan as this group accounted for 58.32% of the
total exports.
During the review month, key contributing products under
the textile head were Cotton ($180.11m), Knitwear apparel ($443.91m), Readymade
Garments ($343.24m), and Other Made-up Textile Articles ($429.96m).
Cotton exports rose by 4.9% YoY but fell 18% MoM,
Knitwear apparel exports dipped by 0.78% YoY and 6.57% MoM, Readymade Garments
exports increased by 4.02% YoY though eased 14.79% MoM, and the inflow of
foreign currency through Other Made-up Textile Articles moved up by 3.43% YoY
but slipped 13.05% MoM.
The combined animal, vegetable, fats and
prepared-foodstuffs groups remained the second most contributing segment in
total exports.
The export value of this segment stood at $442.44m,
showing a significant growth of 17.81% YoY compared to $375.55m in August 2025.
Likewise, on a monthly basis, exports from the
respective segment fell by 11.92% MoM compared to $502.32m in July 2026.
Under the same segment, Cereals remained a major source
of foreign exchange earnings as the export value of the commodity during August
2026 stood at $169.56m, marking a decline of 23.65% MoM but an increase of
12.47% YoY.
The export of Oil Seeds and Oleaginous Fruit stood at
$30.88m in August, growing by 129.31% YoY and 36.2% MoM compared to $13.47m in
August 2025 and $22.68m in July 2026 respectively.
Going forward, exports of optical, photographic and
medical instruments grew by 6.13% YoY to clock in at $39.64m.
The exports of leather manufacturers also saw a positive
trend as they went up by 15.36% YoY to $78.55m in August 2026.
However, sports goods foreign earnings fell by 22.78%
YoY and 22.72% MoM to $24.80m in August 2026, down from $32.12m in August 2025
and $32.10m in July 2026.
Inflow through chemical and allied industry products
increased by 4.88% YoY to $42.76m in August 2026 compared to $40.77m in SPLY,
with Pharmaceutical Products alone up 12.72% YoY to $22.33m.
The data further shows that the share of the Petroleum
group in the country's total export basket was only 3.06% in August 2026.
During the review period, the country earned $75.35m
from exports of mineral fuels and oils, increasing by 39.52% YoY.
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