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Pakistan’s textile export increased by 0.93% in FY 2023-24

Textile export in Pakistan increased by 0.93% in fiscal year 24, coming to $16.55 billion, up from $16.50 billion the earlier year, according to PBS - Pakistan Bureau of Statistics.

In spite of this increment, the textile sector faces difficulties like new taxes and rising energy prices, affecting growth.

June saw a 3.91% year-on-year decrease in exports, tumbling to $1.41 billion, finishing a five-month growth streak.


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