Weak start to new fiscal year for Pakistan’s leather exports
26/09/2016
Over the two months this year, the sector’s total exports had a value of $158.5 million compared to $176.4 million in the corresponding months last year, a decline of 10.1%.
During July and August in 2016, tanners exported 1.9 million square-metres of tanned leather from Pakistan, with a value of $56.7 million, compared to a volume of 2.9 million square-metres and a value of $63.4 million in the same months last year.
This represents a drop of almost 35% in volume and of 10.5% in value.
The country also exported 1.9 million pairs of shoes with a value of $19.7 million in July – August 2016, compared to 1.7 million pairs with a value of $20.3 million in the corresponding months last year, which means that the volume went up by 10.9%, but the value fell by 3.2%.
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