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    HomeBusinessPakistan’s Exports Increase by $1.29 Billion in Four Months

    Pakistan’s Exports Increase by $1.29 Billion in Four Months

    Pakistan’s exports grew by $1.29 billion during the first four months of the fiscal year, according to the Pakistan Bureau of Statistics. From July to October, exports rose by 13.55% compared to the same period last year, reaching $10.88 billion.

    As reported by Samaa News, the textile sector was a major contributor, with exports totaling $6 billion, a 10.44% increase. Ready-made garments led the way, surging 24.40% to $1.35 billion.

    Woolen garments saw a 19% rise, reaching $1.75 billion, while cotton cloth exports grew by 5.25% to $680 million. Towel exports increased by 5.47%, amounting to $356.4 million. Made-up articles, including curtains, recorded a 12.46% rise, hitting $263.7 million, and bedware exports grew by 13%, surpassing $1 billion.

    However, cotton yarn and raw cotton exports dropped significantly, with declines ranging from 45% to 100%. In October alone, textile exports increased by over $180 million, growing from $1.43 billion to $1.62 billion. Knitwear and ready-made garments saw exceptional growth in October, with increases of 32.35% and 31.98%, respectively.

    Food exports also rose to $2.36 billion, while manufacturing products contributed $1.43 billion, marking a 6.25% increase. Key manufacturing exports included carpets, sports goods, footballs, gloves, surgical instruments, footwear, and leather items.

    Other sectors also posted strong growth. Leather goods exports increased by 5% to $204.8 million, plastic materials surged 57% to $182.7 million, cement exports rose 12.9% to $104.6 million, and medicine exports jumped 31%, reaching $141.8 million.

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