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Non-Textile Exports Surge 12.83% to $7.56 Billion in First Six Months of 2024

January 27, 2025
in Business
Non-Textile Exports Surge 12.83% to $7.56 Billion in First Six Months of 2024
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Pakistan’s non-textile exports grew by 12.83% in the first half of FY25, reaching $7.56 billion, thanks to high demand for value-added products. Major contributors to this growth included leather goods, footwear, and engineering items.

Engineering exports saw the biggest increase, rising by 28.11%, with industrial machinery, auto parts, and rubber tyres leading the way. Leather products also performed well, especially leather gloves, which saw a 17.88% rise in demand. Cement exports increased by 23.2%, and footwear exports went up by 18.38%.

Jewelry exports showed remarkable growth, jumping by 71.78%, while molasses exports more than doubled, growing by 102.78%. Petroleum exports also soared, with crude oil exports rising by 100% and petroleum products increasing by 123.79%. Raw food exports grew by 13.83%.

However, not all sectors performed well. Exports of carpets, sports goods, and furniture saw a decline during this period. Despite these drops, the overall growth in non-textile exports highlights Pakistan’s success in diversifying its export base and focusing on high-value goods.

These results showcase the potential of sectors outside traditional textiles to contribute to Pakistan’s economy. The strong performance in engineering, leather, and petroleum exports reflects growing global demand for Pakistan’s products and signals a positive trend for the country’s trade balance.

Tags: BillionExportsMonthsNonTextileSurge
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