Posts

Showing posts with the label Pakistan import data

Pakistan's Export Surge: Leather Goods and Sports Equipment in 2024

Image
  In recent years, Pakistan has emerged as a significant player in the global market for leather goods and sports equipment. With exports reaching approximately $30 billion in 2024, the country has showcased its potential and resilience in these sectors. This remarkable achievement is not merely a reflection of increased production capabilities but also highlights the strategic initiatives undertaken by the government and private sector to enhance competitiveness. This blog explores the latest statistics, trends, and factors contributing to this remarkable growth. Overview of Pakistan's Export Landscape Pakistan’s economy has long been reliant on agriculture and textiles; however, the diversification into leather goods and sports equipment has become a focal point for growth. In 2024, the export figures revealed an increase, with leather goods and sports equipment accounting for a substantial of the total exports data. The global demand for high-quality leather products and sports

Pakistan exports saw an impressive growth of 22% in 2023

Image
  Pakistan exports have seen a significant improvement in this financial year 2023. Pakistan customs data shows that Pakistan's total exports were recorded to be $2.4 billion during August 2023. During July 2023, the exports were $2 billion. Pakistan’s overall exports are around $28 billion in FY 2023. There was a growth of 22% reflected in the exports of Pakistan. The Knitwear items were the top export commodity from Pakistan. Textiles account for over 60% share in the country’s overall exports.     Pakistan's total knitwear exports were recorded to be $1.2 billion during last month. Earlier in July 2023, it fell by 11% to $1.2 billion. In May 2023, the textiles sales were around $1.4 billion. Whereas other important commodities like cotton cloth, bedwear, readymade garments and towels sales also declined to a significant amount.  As per Pakistan import export data , cotton cloth exports fell by 22% to $138 million. Bedwear, readymade garments and towels items reduced to $218