Knit and Apparel Exports of Pakistan in 2023
The apparel industry of Pakistan has right now become a major contributor to the globally emerging economy. The different segments of the apparel industry along with the remarkable growth and potential investment of the invasive trade markets have recorded a significant growth in the staggering export value. Knitwear exports account for 18% of the total textiles export trade value since 2018 worth an annual trade revenue of 2.61 billion US dollars. The government’s initiative towards promoting trade relations of bilateral agreements with top trade destinations helps the business holders optimize the exact profitable deals out of the rest available in the global market.
The growing global demands of knit and apparel from the trade management authorities of Pakistan have recorded an export trade value of 15 billion US dollars in 2023. Import Globals highlights all the key insights of the country’s global trade regarding the latest market trends to adopt for recording a positive outgrowth in the annual export trade revenue. The peer-to-peer information of the latest trade trend statistics helps them acknowledge the exact sites for profitable business deals.
TOP 10 KNIT AND APPAREL EXPORTS OF PAKISTAN IN 2023
According to the Pakistan Export Data, the top 10 knit and apparel exports of the nation in 2023 are,
1. T-shirts — Export trade value of T-shirts exports from Pakistan in 2023–7 billion US dollars
2. Knit Shirts- Export trade value of Knit Shirts exports from Pakistan in 2023–3.5 billion US dollars
3. Jerseys- Export trade value of Jerseys exports from Pakistan in 2023–2.4 billion US dollars
4. Sweaters- Export trade value of Sweaters exports from Pakistan in 2023–1.8 billion US dollars
5. Dresses- Export trade value of Dresses exports from Pakistan in 2023–1.5 billion US dollars
6. Jackets & Coats- Export trade value of Jackets & Coats exports from Pakistan in 2023–900 million US dollars
7. Socks- Export trade value of Socks exports from Pakistan in 2023–800 million US dollars
8. Scarves & Shawls- Export trade value of Scarves & Shawls exports from Pakistan in 2023–700 million US dollars
9. Leggings- Export trade value of Leggings exports from Pakistan in 2023–600 million US dollars
10. Sleepwear- Export trade value of Sleepwear exports from Pakistan in 2023–500 million US dollars
TOP 10 KNIT AND APPAREL MANUFACTURING COMPANIES OF PAKISTAN IN 2023
As per the Pakistan Import Data, the top 10 Knitwear and apparel manufacturing companies of Pakistan in 2023 are,
- Nishat Group — Valuation of Knitwear and apparel exports from Nishat Group in 2023–6 billion US dollars
- Gul Ahmed Textile Mills Ltd — Valuation of Knitwear and apparel exports from Gul Ahmed Textile Mills Ltd in 2023–3.8 billion US dollars
- Sapphire Textile Mills Ltd — Valuation of Knitwear and apparel exports from Sapphire Textile Mills Ltd in 2023–2.5 billion US dollars
- Faisalabad Fabric Store- Valuation of Knitwear and apparel exports from Faisalabad Fabric Store in 2023–1.8 billion US dollars
- Al-Karam Textile Mills Pvt Ltd- Valuation of Knitwear and apparel exports from Al-Karam Textile Mills Pvt Ltd in 2023–1 billion US dollars
- Artistic Milliners Pvt Ltd- Valuation of Knitwear and apparel exports from Artistic Milliners Pvt Ltd in 2023–800 million US dollars
- ChenOne- Valuation of Knitwear and apparel exports from ChenOne in 2023–700 million US dollars
- Khaadi- Valuation of Knitwear and apparel exports from Khaadi in 2023–600 million US dollars
- Sefam Pvt Ltd- Valuation of Knitwear and apparel exports from Sefam Pvt Ltd in 2023–500 million US dollars
- Naveena Group — Valuation of Knitwear and apparel exports from Naveena Group in 2023–400 million US dollars
TOP 10 KNIT AND APPAREL EXPORT TRADE PARTNERS OF PAKISTAN IN 2023
As per the Pakistan Customs Data, the top 10 Knitwear and apparel export trade partners of Pakistan in 2023 are,
- United States (US) — Export trade value of knit and apparel from Pakistan to the United States (US) in 2023–5.7 billion US dollars
- United Kingdom (UK) — Export trade value of knit and apparel from Pakistan to the United Kingdom (UK) in 2023–4.2 billion US dollars
- Germany — Export trade value of knit and apparel from Pakistan to Germany in 2023–1.89 billion US dollars
- Gulf Cooperation Council — Export trade value of knit and apparel from Pakistan to Gulf Cooperation Council in 2023–1 billion US dollars
- Australia — Export trade value of knit and apparel from Pakistan to Australia in 2023–600 million US dollars
- Netherlands — Export trade value of knit and apparel from Pakistan to Netherlands in 2023–500 million US dollars
- France — Export trade value of knit and apparel from Pakistan to France in 2023–400 million US dollars
- Spain — Export trade value of knit and apparel from Pakistan to Spain in 2023–300 million US dollars
- Italy — Export trade value of knit and apparel from Pakistan to Italy in 2023–200 million US dollars
- Australia — Export trade value of knit and apparel from Pakistan to Australia in 2023–150 million US dollars
EXPORT TRADE STATISTICS OF KNIT AND APPAREL EXPORT FROM PAKISTAN FOR THE LAST 10 YEARS
- Export trade value of Knit and apparel exports from Pakistan in 2013–2.5 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2014–3.2 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2015–2.8 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2016–4.5 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2017–4.8 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2018–5.6 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2019–6.1 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2020–7.8 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2021–10.2 billion US dollars
- Export trade value of Knit and apparel exports from Pakistan in 2022–11.5 billion US dollars
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