Textile exports dip across EU, US & UK

Pakistan's textile and apparel exports suffered a broad-based decline across its three largest markets, the European Union, the United States and the United Kingdom, during the first half of FY26, signalling a deepening competitiveness crisis for the country's largest export sector. Chairman of Pakistan Textile Council (PTC) Fawad Anwar said the downturn was not confined to a single product or destination but reflected systemic weaknesses in the cost of doing business, according to a statement issued on Wednesday. Textiles and apparel, Pakistan's biggest export-oriented industry, face immediate risks to foreign exchange earnings, employment and industrial capacity utilisation, he warned.