Textile exports decrease by 6% YoY in August: APTMA

By MG News | September 11, 2023 at 10:56 AM GMT+05:00

0:00

September 11, 2023 (MLN): Textile exports in the month of August 2023 slumped by 6% YoY to $1.48 billion, compared to $1.58bn in August 2022, according to the statistics released by the All Pakistan Textile Mills Association (APTMA) on Saturday.

Meanwhile, on a sequential basis, textile exports increased by 12.9% MoM as compared to $1.31bn recorded in the previous month.

To note, this is the highest textile export since September of 2022 when it was recorded at $1.53bn.

Within 8MCY23, the exports of textiles stood at $10.58bn, decreasing by 19% YoY compared to 13bn in 8MCY22.

To recall, Pakistan's total exports in the month of August increased by 14.27% MoM to $2.26bn compared to $2.07bn in July 2023, as per the data reported by the Pakistan Bureau of Statistics (PBS) on September 01.

Meanwhile, compared to August 2022, exports decreased by 4.83% YoY.

Copyright Mettis Link News

Related News

Name	Price/Vol	%Chg/NChg
KSE100	125,627.31 258.99M	1.00% 1248.25
ALLSHR	78,584.71 1,142.41M	1.16% 904.89
KSE30	38,153.79 69.25M	0.63% 238.06
KMI30	184,886.50 91.38M	0.01% 13.72
KMIALLSHR	53,763.81 554.57M	0.54% 290.61
BKTi	31,921.68 33.15M	1.78% 557.94
OGTi	27,773.98 9.65M	-0.40% -112.21

Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	107,800.00	108,105.00 107,505.00	-435.00 -0.40%
BRENT CRUDE	66.42	66.63 66.34	-0.32 -0.48%
RICHARDS BAY COAL MONTHLY	97.00	97.00 97.00	1.05 1.09%
ROTTERDAM COAL MONTHLY	107.65	107.65 105.85	1.25 1.17%
USD RBD PALM OLEIN	998.50	998.50 998.50	0.00 0.00%
CRUDE OIL - WTI	64.76	65.02 64.67	-0.35 -0.54%
SUGAR #11 WORLD	16.19	16.74 16.14	-0.52 -3.11%