Pakistan’s tanners export 25% less leather

01/07/2015
Pakistan’s leather sector registered export values of just over $1.1 billion in the first 11 months of the financial year that has just ended. This total represents a decline of 5% compared to the same months in the previous financial year. Pakistan’s fiscal year runs from July to June.

Tanners exported 19.7 million square-metres of finished leather with a value of just over $450 million. These figures represent a decline of more than 25% in volume and of 9.5% in value.

Exports of finished products, including garments and gloves, but excluding shoes, brought in almost $550 million, a decline year on year of 4.4%.

Leather footwear manufacturers exported 12.7 million pairs with a combined value of $120.3 million. This indicates a fall in volume of 10.9% and an increase in value of 11.9%.