Pakistan Textile exports clocked in at US$1.4bn in Feb 2025, flattish YoY while down 16% MoM. This marks the first flattish YoY trend after six consecutive months of growth. This 16% MoM drop is the largest in nearly four years, with a similar decline occurring in May 2021. The flattish YoY trend was primarily driven by a 20% decline in Basic Textiles, while the MoM decline was seen across all segments. Value-added textiles saw a 17% MoM drop, Basic Textiles fell 13% MoM, and other segments declined 14% MoM.
§ In PKR terms, Pakistan Textile exports clocked in at Rs395bn, flattish YoY while down 16% MoM.
§ Value Added Segment saw a 6% YoY rise while a 17% MoM fall. Under the Value-added segment, Knitwear contributed mainly to MoM and YoY effects. Knitwear was up 9% YoY while down 22% MoM to US$366mn during Feb 2025.
§ Other value-added segments such as Bedwear, Towels, and Readymade Garments recorded a YoY increase of 2%, 3%, and 7%, respectively, while posting an MoM decline of 14%, 5%, and 17% to US$250mn, US$97mn, and US$329mn, respectively.
§ Basic textiles witnessed a 20% YoY and 13% MoM decline to US$203mn in February 2025. The major decline came from cotton yarn, which was down 34% YoY and 21% MoM to US$51mn in February 2025.
§ During 8MFY25, Pakistan recorded textile exports of US$12.2bn, a 9% YoY growth (+7% YoY in PKR terms). Basic textiles fell by 15%, whereas value-added rose by 16% YoY, with readymade garments contributing a 20% YoY rise.
§ We believe in FY25 exports will reach US$18-19bn as compared to US$16.7bn in FY24.
§ As per a news report, the All-Pakistan Textile Mills Association (APTMA) has urged the government to provide gas at RLNG ring-fenced prices without cross-subsidies and allow direct RLNG imports to maintain textile export competitiveness. With gas prices surging to $15.38/MMBtu, Pakistan’s textile sector faces a major cost disadvantage against regional competitors. Addressing grid constraints and ensuring gas supply for efficient cogeneration plants are crucial for the industry’s sustainability.
Courtesy – Topline Pakistan Research
