Pakistan: tanners see leather exports fall by almost 25% in volume

08/05/2015
Leather-sector exports from Pakistan experienced a fall in value for the first three quarters of the current financial year (July 2014 to March 2015), reaching $921.1 million compared to just less than $950 million in the same period a year earlier. This represents a decline of 3%.

In terms of volume, the fall was sharper. Tanners exported 16.4 million square-metres over the nine-month period during the current financial year compared to 21.8 million square-metres last time around, a decline of almost 25%.

Pakistan’s leather sector earned export revenues of $93.3 million in the month of March 2015, showing growth compared to the previous month, February 2015. Of this, $41.3 million was from shipments of finished leather, $42.8 million from leathergoods and $9.1 million from leather footwear.