A few days ago, according to statistics from the Pakistan Bureau of Statistics (PBS), from July to November this year, Pakistan’s textile exports amounted to US$6.045 billion, a year-on-year increase of 4.88%. Among them, knitwear increased by 14.34% year-on-year to US$1.51 billion, bedding products increased by 12.28%, towel exports increased by 14.24%, and garment exports increased by 4.36% to US$1.205 billion. At the same time, the export value of raw cotton, cotton yarn, cotton cloth and other primary products dropped sharply. Among them, raw cotton fell by 96.34%, and cotton cloth exports fell by 8.73%, from 847 million US dollars to 773 million US dollars. In addition, textile exports in November amounted to US$ 1.286 billion, an increase of 9.27% year-on-year.

It is reported that Pakistan is the world’s fourth largest cotton producer, fourth largest textile producer, and 12th largest textile exporter. The textile industry is Pakistan’s most important pillar industry and largest export industry. The country plans to attract US$7 billion in investment in the next five years, which will increase the export of textiles and clothing by 100% to US$26 billion.