Textile exports decrease by 28.7% YoY in April: APTMA

News Image

MG News | May 03, 2023 at 10:57 AM GMT+05:00

May 03, 2023 (MLN): Textile exports in the month of April 2023 slumped by 28.7% YoY to $1.24 billion, the 7th consecutive YoY decline, compared to $1.74bn in April 2022, according to the statistics released by the All Pakistan Textile Mills Association (APTMA) on Tuesday.

Within 10MFY23, the exports of textiles stood at $13.71bn, decreasing by 14.2% YoY compared to 15.97bn in 10MFY22. 

Amidst economic slowdown in the country’s major export market, energy shortages, and frequent closure of local manufacturing units, the total exports registered a decrease of 26.68% YoY and 10.46% MoM to $2.12bn during the review period, as per the data reported by the Pakistan Bureau of Statistics (PBS) on the same day.

Cumulatively, within 10MFY23, total exports dropped by around 12% YoY to $23.17bn as against $26.25bn in 10MFY22. 

Copyright Mettis Link News 

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 77,390.00 77,935.00
76,105.00
1615.00
2.13%
BRENT CRUDE 96.30 100.73
95.95
-7.24
-6.99%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 113.00 0.00
0.00
0.30
0.27%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 90.30 93.90
89.41
-6.30
-6.52%
SUGAR #11 WORLD 14.68 14.91
14.59
-0.22
-1.48%

Chart of the Day


Latest News
May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD


May 25, 2026 at 04:18 PM GMT+05:00

FPRM acquires 60% stake in AML/CFT Screening Solution



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg