Equity Analysis /
Pakistan

Pakistan textiles: Exports off to an impressive start in FY 22

  • Pakistan’s textile exports clocked in at the second highest level of US$1.5bn in July 2021, up 16% yoy

  • The exports of the value-added sector, in terms of value, rose a sharp c.10% yoy, maintaining the US$1bn level

  • We reiterate our Overweight on the sector, where we believe present the momentum will continue in the coming months

Abdul Ghani Mianoor
Intermarket Securities
27 August 2021