PM hails record 9.38% YoY surge in textile exports

Prime Minister Shehbaz Sharif has commended Pakistan’s textile sector for achieving a record $13.613 billion (approxiamately Rs3,793 billion) in exports during the first nine months of the current fiscal year — a 9.38% increase compared to the same period last year.

According to data from the Pakistan Bureau of Statistics (PBS), this growth underscores the textile industry’s resilience and its continued role as the backbone of the country’s export economy.

The Prime Minister praised both the government’s economic policies and the private sector’s tireless efforts in driving this progress.

March 2025 alone recorded $2.64 billion (approx. Rs737 billion) in overall exports — a monthly and yearly increase.

Textile exports during the month rose by 6.27%, highlighting a positive momentum in trade performance.

Key export categories included knitwear, readymade garments, bed wear, and cotton cloth, reaffirming Pakistan's competitive edge in global textile markets.

In a statement, PM Sharif noted, “This remarkable achievement reflects the effectiveness of our economic strategy and the dedication of our industrial stakeholders. The government remains committed to building a business-friendly environment, encouraging investment, and maintaining export growth.”

He added that the continuous rise in exports and other positive indicators is the result of close government-private sector collaboration. “Our goal is to establish a sustainable growth model that ensures consistent economic progress and creates jobs,” he said.

Total exports from July 2024 to March 2025 stood at $24.7 billion (approx. Rs6,892 billion), up 7.82% year-on-year, further signaling economic recovery and export diversification.