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CPI Preview: Inflation to fall to around 17% YoY in April

Textile exports decrease by 20% YoY in May: APTMA

Pakistan's textile exports rise 3% YoY to $1.3bn: APTMA
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June 03, 2023 (MLN): Textile exports in the month of May 2023 slumped by 20% YoY to $1.31 billion, the 8th consecutive YoY decline, compared to $1.64bn in May 2022, according to the statistics released by the All Pakistan Textile Mills Association (APTMA).

Within 11MFY23, the exports of textiles stood at $15.02bn, decreasing by 15% YoY compared to 17.61bn in 11MFY22.

Textile Exports (In Billion Dollars)
Month FY22 FY23 % Change
July 1.47 1.48 1%
August 1.46 1.58 8%
September 1.49 1.53 3%
October 1.6 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%
Cumulative 17.61 15.02 -15%

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Posted on: 2023-06-03T12:39:35+05:00