Pakistan leather export declines continue
08/06/2016
According to the Pakistan Federal Bureau of Statistics, the sector brought in export earnings valued at almost $825 million in the first ten months of the current financial year (July 2015-April 2016), a decline of 19% compared to the same months in the previous financial year.
Tanners contribued just under $300 million to this total and exported a volume of 13.5 million square-metres of finished leather over the ten-month period. These figures represent falls of 27% in value and of 26% in volume, year on year.
The volume of footwear exports was flat at 10.9 million pairs, but in terms of value this segment registered a decline of 18%.