India’s leather sector exports grew 5.5% in first ten months

19/05/2009

India's export of leather sector goods between April 2008 and January 2009—the first ten months of the fiscal year—passed $3 billion, showing a rise of 5.5% on the same period last year.

Footwear accounted for more than 41% of the total, followed by leathergoods with 24.2%, finished leather with 19.7% and leather garments at 12.2%.

The major markets for Indian leather products are Germany, with a share of 14.1%, Italy with 13.2%, the UK 11.4%, the US with 9.7%, Hong Kong with 6.9%, France with  6.1%, Spain with 5.9%, and the Netherlands with 4.2%, U.A.E. 2.47%, Denmark 1.74%, Belgium 1.53%
and Australia 1.50%. These eight countries together account for more than 70% of India's total leather sector exports.