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Pakistan’s exports cross $29.5 billion mark in first 11 months of FY2024-25

Web Desk by Web Desk
19 June 2025, 16:37 pm
in Business, Latest, National
0
Pakistan’s exports cross $29.5 billion mark in first 11 months of FY2024-25
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Pakistan’s export earnings saw a modest boost of 5.15% in the initial 11 months of the fiscal year 2024–25, according to data released by the Pakistan Bureau of Statistics (PBS) on Wednesday. Total exports reached $29.564 billion during the July–May period, up from $28.117 billion in the same timeframe last year.

The country’s imports also experienced an upward trend, climbing 7.5% year-on-year. From July 2024 to May 2025, Pakistan imported goods worth $53.55 billion, compared to $49.815 billion during the corresponding period of the previous fiscal year.

In May 2025 alone, exports were recorded at $2.672 billion, reflecting a significant jump of 22.91% from $2.174 billion in April 2024. However, this monthly figure was 5.88% lower than May 2024’s $2.839 billion, indicating a dip when compared year-on-year.

On the import side, Pakistan brought in goods valued at $5.273 billion in May 2025. This was 5.77% lower than the $5.596 billion recorded in April 2025, yet 7.28% higher than the $4.915 billion seen in May 2024.

The textile sector remained Pakistan’s top export driver in May 2025. Knitwear led the way, generating Rs123.121 billion, followed by readymade garments at Rs105.420 billion and bed linen at Rs75.937 billion. Rice and related products also performed well, contributing Rs50.707 billion.

Other notable exports included cotton fabrics, towels, miscellaneous made-up textiles (excluding towels and bed wear), basmati rice, seafood, and cotton yarn.

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