Pakistan leather exports fall
25/04/2012
However, the value of finished leather exports was up, by 13.8% compared to February this year.
In March 2012 Pakistani tanners achieved export revenues of $29.7 million for finished leather and of $6.3 million for leather footwear. This represents a fall of 50.4% for footwear compared to February 2012.
Total leather sector exports for the first nine months of the current financial year (July 2011 – March 2012) were 3.2% down compared to the same months in the previous financial year.
Volumes were also down in the nine-month comparison. For the current financial year, tanners exported 17.2 million square-metres of leather, compared to 20.2 million during the corresponding three quarters of the previous financial year, 14.8% less.
Over the same period, Pakistan exported 8.8 million pairs of shoes in this financial year, compared to 9.1 million for the same months a year ago, a decline of 3.3%.
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