Breaking News

Pakistan Textile Exports Show Mixed Trends, Decline Year-on-Year But Increase Month-on-Month

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.

Check Also

Cement Giants Report Strong Earnings Amid Rising Dispatches

Karachi: Maple Leaf Cement Factory Ltd (MLCF) and Lucky Cement Ltd (LUCK) are poised to announce significant earnings growth for the first quarter of the fiscal year 2026, driven by increased dispatches and improved margins. According to a report by J...