Karachi: Pakistan’s textile exports for September 2025 registered a mixed performance, reaching $1.6 billion. The figure represents a 2 percent decline compared to the same month last year, yet indicates a 3 percent increase from August 2025, according to data released by JS Global.
The decrease in year-on-year exports was largely attributed to a significant 25 percent drop in cotton cloth exports. These exports fell to $150 million from $200 million in September 2024, highlighting challenges faced by the basic textile segment.
Conversely, the month-on-month rise in exports was driven by a 4 percent increase in the value-added segment. Notably, knitwear and bedwear exports grew by 4 percent and 7 percent, respectively. This growth contributed to the overall 3 percent monthly rise.
In the broader context, textile exports for the first quarter of fiscal year 2026 reached $4.8 billion, marking a 6 percent increase from the previous year’s $4.5 billion. This growth was propelled by an 8 percent rise in value-added textiles, particularly in knitwear, which saw a 12 percent year-on-year increase.
In rupee terms, September’s textile exports amounted to Rs443 billion, reflecting a 1 percent year-on-year decrease but a 3 percent month-on-month increase. For the first quarter of fiscal year 2026, exports stood at Rs1,351 billion, a 7 percent year-on-year rise, aided by a 1 percent appreciation in the Pakistani rupee.
The report also noted a 2 percent year-on-year decline in textile export quantities for September 2025, although there was a 5 percent increase from the previous month. Overall, quantities for the first quarter rose by 4 percent compared to last year.
Looking ahead, projections suggest that the fiscal year 2026 could see textile exports reaching $19-20 billion, compared to $17.9 billion in fiscal year 2025. This optimism is based on the ongoing recovery in the sector over the last two years.
JS Global maintains a positive outlook on Pakistan’s textile sector, highlighting NML as a preferred choice due to its current trading position. The company is trading at an estimated price-to-earnings ratio of 8.1 times for fiscal year 2026.