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Pakistan’s textile exports face cotton shortage and tax strain

Pakistan’s textile exports face cotton shortage and tax strain



Pakistan’s textile exports face cotton shortage and tax strain

Pakistan’s textile group exports reached $**.*** billion in July-March FY******, down *.* per cent year-on-year, according to Pakistan Bureau of Statistics (PBS)-linked reporting. March was weaker: textile exports fell *.** per cent year-on-year to $*.*** billion, although they rose *.** per cent from February. Ready-made garments were up *.** per cent in the official nine-month data, but knitwear fell *.** per cent and cotton cloth dropped **.** per cent.

The category split is more revealing. TexPro’s January ****-March **** monthly export data showed Pakistan’s supplied textile-and-apparel basket at about $**.** billion in ****. In Q* ****, it stood at roughly $*.** billion, down *.* per cent from Q* ****. Apparel, the value-added core, fell *.* per cent to about $*.** billion; fabric dropped * per cent to about $*** million. Yarn moved the other way, rising **.* per cent to $*** million, while fibre grew from a small base to $** million.



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