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Textile Exports Drive Pakistan’s $16 Billion Economic Boost

21 January, 2025
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    Pakistan’s economy is on the rise. This time, textile exports are taking the lead. There has been an overall increase in exports by 11.04%, reaching $16.639 billion in the first half of FY25. While the textile sector has been a key contributor in this growth, rice exports have significantly aided to the increase. 

     

    For investors, including those exploring Pakistan’s real estate, this economic progress signals opportunity. At One Homes, we are proud to support this momentum by developing luxury properties in Pakistan, particularly in Lahore, that reflect the nation’s growing economic confidence.

    What the Numbers Tell Us

    The Pakistan Bureau of Statistics (PBS) has pointed to growing exports. The total exports were recorded to be $16.639 billion in the first half of FY25. This showed an 11.04% increase when we compare to the $14.985 billion mark from last year. A 3.44% year-on-year and a 3.04% month-on-month rise was observed when the exports reached $2.919 billion in December 2024 alone.

     

    As we know, the textile sector has been playing its part. With a total of $9.084 billion in exports, the sector exports rose by 9.67% in the first half of fiscal year 2024-25. This was a major up when we compare it to $8.283 billion last year. December 2024 alone showed an increase of 5.55% year-on-year, with textile exports reaching $1.477 billion. Month-on-month, they grew by 1.11%, demonstrating steady progress.

     

    Rice exports also made a strong impact, registering a 14.50% growth during H1 FY25. With the total coming up to $1.875 billion, this number highlights major improvement from $1.637 billion in the previous fiscal year.

    Why This Matters for Pakistan Real Estate

    The positive economic patterns don't stop with trade but have effects in other spaces, especially real estate. And with growing foreign remittances, there’s a booming demand for contemporary, community-driven housing, especially in urban areas like Lahore and Islamabad. As stated by Savills, Pakistan’s real estate sector is set to grow by 8-10% annually over the next five years. This makes it a high-growth opportunity for local and foreign investors.

     

    With its high demand for property in Lahore, the city is emerging as a hub for high-return investments. This aligns with the government’s broader economic vision, as outlined in the Uraan Pakistan framework, which aims to turn Pakistan into a $1 trillion economy by 2035.

    Uraan Pakistan and the $1 Trillion Vision

    The government’s Uraan Pakistan framework is built around five key pillars: exports, energy, environment, equity, and education. These initiatives complement the current growth in exports and lay the groundwork for sustained economic progress. The framework highlights Pakistan’s commitment to creating a stable environment for investment and fostering long-term economic transformation.

    Your Gateway to Investment in Pakistan

    We at One Homes are building a lot more than just apartments, we’re building opportunities. We are committed to delivering luxury property developments in Lahore catering to investors looking for luxury and long-term value. And with the economy on an upward trajectory, this is an excellent time to discover real estate investment opportunities in Pakistan. Get in touch today and start your journey to owning your dream home in your motherland.

     

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