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Pakistan’s Textile Exports to Surge as Orders Move From Rivals

  • Shipments set to hit record this year, commerce aide says
  • Nation plans to roll out incentive for exports to new markets
Workers at warehouse of a textile manufacturer in Karachi, Pakistan.

Workers at warehouse of a textile manufacturer in Karachi, Pakistan.

Photographer: Asim Hafeez/Bloomberg

Pakistan’s textile sector is bringing cheer to its flailing economy, with exports set to swell to a record after gaining an edge over South Asian rivals during the pandemic.

Textile exports are poised to surge 40% from a year earlier to a record $21 billion in the 12 months ending June, according to Abdul Razak Dawood, commerce adviser to Pakistan’s prime minister. Dawood predicted that figure would expand to $26 billion in the next fiscal year, surpassing the nation’s total exports last year, he said.