Pakistan’s textile exports rise 5% to over $1bn in Feb

March 18, 2025 (MLN): The country's total textile exports increased by 5.05% to $1.37 billion in February compared to $1.30bn in the same month last year, 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 13.02% compared to exports worth $1.57bn in January.

Cumulatively in 8MFY25, the textile exports increased by 6.4% to $11.59bn compared to $10.89bn in 8MFY24.

The total exports as per BOP for February clocked in at $2.59bn, up by 2.44% compared to $2.53bn in February 2024. Likewise, on a monthly basis, exports are down by 13.33%.

In February 2025, Textile Group products remained the major exportable goods for Pakistan as this group accounted for 52.83% of the total exports.

During the review month, key contributing products under the textile head were Knitwear ($351 million), Readymade Garments ($323m), and Bed Wear ($239.42m).

Knitwear exports rose by 11.8%, Readymade Garments exports increased by 9.2%, and the inflow of foreign currency through Bed Wear moved up by 8.19%.

The food group remained the second most contributing group in total exports.

The export value of this group stood at $429.14m, showing a decline of 32.7% compared to $637.96m in February 2024.

On a monthly basis, the exports from the respective group fell by 23.6% compared to $562.14m in January 2025.

Collectively in 8MFY25, the earnings from food group exports decreased by 3.9% to $4.5bn compared to $4.7bn in 8MFY24.

Under this group, Rice remained the major source of foreign exchange earnings as the export value of the commodity during February 2025 stood at $219.15m marking a decrease of 17.3% MoM and 41.1% YoY.

The export of Oil Seeds, Nuts, and Kernels stood at $13m in February, down 46.9% MoM while up 98% YoY.

Other manufacturers were the third most contributing group in total exports. The export value of this group stood at $320.45m, showing a down of 1.38% compared to $324.95m in February 2024.

On a monthly basis, the exports from the respective group down by 8.38%.

In this group, carpets, rugs, and mats’ foreign earnings were up by 264% YoY to $17.59m in February 2025.

However, when compared with the figure of $18.05m in January 2025, the export carpets, rugs, and mats’ has decreased by 2.5% MoM.

Inflow through the chemical and pharmaceutical products decreased by 3.5% YoY to $115m in February 2025 compared to $119.5m in SPLY.

The data further shows that the share of the Petroleum group and coal in the country’s total export basket was 3.4% in February 2025.

During the review period, the country earned $88.3m from exports of petroleum products, increasing by 105% YoY.

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