Sri Lanka’s leather exports slip - leatherbiz: Leading news site for t Leatherbiz

News

Sri Lanka’s leather exports slip

19/03/2007
 
In contrast to the recent trend of increased leather exports from Sri Lanka, in the period January to November 2006, exports slipped 6.7% from $42.64 million in the 11-month period of 2005 to $39.78 million during the same period of 2006.

A more worrying statistic was that the country’s leather and leather goods exports declined a significant 30.84% in the same period, falling from $29.45 million
to $20.56 million.

On a more positive note, according to Sri Lankan Customs and the country’s Central Bank, in spite of the worrying trend in leather exports, footwear exports are thriving, increasing 48.88% year-on-year to reach $19.22 million from $12.91 million.

The country’s total exports, including leather, stood at $6.882 billion for the January to November 2006 period, compared with $6.344 billion in the prior year.





Leatherbiz.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.