Pakistan's textile export suffers over 12 pct fall in January

Pakistan textile

ISLAMABAD, Feb. 2 (Xinhua) -- Pakistan's textile export suffered over 12 percent fall from a year earlier in January, said the All Pakistan Textile Mills Association (APTMA), a trade organization representing the country's textile.

Last month, textile exports of the country declined to 1.36 billion U.S. dollars, as compared to 1.55 billion dollars in January 2022, the APTMA said in a report on Thursday.

The report said that textile exports of Pakistan during the first seven months of the current 2022-2023 fiscal year (from July 2022 to June 2023) decreased by 8 percent to 10.08 billion dollars, as compared to 10.93 billion dollars recorded in the first seven months of the fiscal year 2021-2022.

Earlier, a representative of the APTMA told media that Pakistan's textile sector got largely affected by the Russia-Ukraine conflict and unprecedented floods last year in the country.

The textile sector of Pakistan is the largest single manufacturing sector of the South Asian country.