According to a report issued by State Bank of Pakistan (SBP), the country's exports of leather goods, including garments and gloves, fell 36.8% in the third quarter of fiscal 2007
(July to March) to $351.8 from $556.5 million in same period of the prior year.

According to the report, a slump in leather garment exports—which account for almost 73% of Pakistan’s total leather exports—was the dominant factor behind the general decline.

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