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Pakistan Textile Exports Grew 5% in September 2022 Despite Energy and Supply Chain Issues

admin-augaf by admin-augaf
October 5, 2022
in Business, Finance
Reading Time: 1 min read
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Textile exports surge by 28.26% to $17.6 bln in 11 months

Textile exports surge by 28.26% to $17.6 bln in 11 months

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Islamabad October 5 2022: Pakistan textile exports increased by 5 percent to USD 1.56 billion during the month of September as compared to the same period last year, revealed by All Pakistan Textile Manufacturing Association on Wednesday.

In 1Q FY23, textile exports increased by 4% as compared to 1Q FY22.

The growth in textile exports reduced to single digit due to lack of energy supplies.

However, textile exports were decreased by 1.2 percent when compared with the exports of USD 1.58 billion in the previous month.

APTMA warn that if reliable, affordable supplies weren’t made available, this could further contribute to sluggish growth in the ensuing months.

Tags: Pakistan TextileTextile
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