Pakistan looks back on bumper year
An annual report from Pakistan's State Bank has suggested the country’s leather exports were given a boost in the financial year from July-June 2000-01 due to various unforeseen factors such as fashion trends and the foot and mouth epidemic. Exports of leather (and leather goods) contributed $658.4 million to total export earnings for the year, up over 28% compared with the previous 12 months, and exceeding government targets. Exports of tanned leather increased by an impressive 33%, although volumes rose at a higher rate than unit price.