Textile exports surge 11% to over $1bn in April: SBP

May 16, 2025 (MLN): The country's total textile exports increased by 11.1% to $1.44 billion in April compared to $1.3bn 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 an increase of 0.042% compared to exports worth $1.443bn in March.

Cumulatively in 10MFY25, the textile exports increased by 6.8% to $14.48bn compared to $13.56bn in 10MFY24.

The total exports as per BOP for April clocked in at $2.61bn, down by 1.0% compared to $2.64bn in April 2024. Likewise, on a monthly basis, exports are down by 5.8%.

In April 2025, Textile group products remained the major exportable goods for Pakistan as this group accounted for 55.3% of the total exports.

During the review month, key contributing products under the textile head were Knitwear ($0.36bn), Readymade Garments ($0.35bn), and Bed Wear ($0.27bn).

Knitwear exports fell by 5.3%, Readymade Garments exports increased by 5.6%, and the inflow of foreign currency through Bed Wear up by 13.4%.

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

The export value of this group stood at $0.45bn, showing a decline of 25.6% compared to $0.61bn in April 2024.

On a monthly basis, the exports from the respective group fell by 9.4% compared to $0.50bn in March 2025

Collectively in 10MFY25, the earnings from food group exports increased by 7.7% to $5.52bn compared to $5.97bn in 10MFY24.

Under this group, Rice remained the major source of foreign exchange earnings as the export value of the commodity during April 2025 stood at $0.23bn marking a decline of 12.3% MoM and 38.1% YoY.

The export of Fish & Fish Preparationsstood at $0.05bn in April, up 26.0% MoM and rose 17.4% YoY.

Other manufactures were the third most contributing group in total exports. The export value of this group stood at $0.36bn, showing an expansion of 6.6% compared to $0.34bn in April 2024.

In this group, chemical and pharmaceutical products’ foreign earnings were up by 7.0% YoY to $0.13bn in April 2025.

However, when compared with the figure of $0.13bn in March 2025, the export of chemical and pharmaceutical products has increased by 2.7% MoM.

The data further shows that the share of the Petroleum group and coal  in the country’s total export basket was 2.96% in April 2025.

During the review period, the country earned $0.08bn from exports of petroleum products, increasing by 129.1% YoY.

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