According to the latest data by the Pakistan Bureau of Statistics (PBS), during the first eleven months of the current fiscal year Pakistan’s leather manufactures exports fell by 1.53% compared to similar period in the previous year. During the period July-May 2019-2020, the country exported goods in this segment with a total value of $437.104 million compared to exports worth $443.886 million registered in the first eleven months of the preceding fiscal year.
The same source indicated that exports of tanned leather in the first eleven months of the year totalled revenue of $173.425 million, which compares to $235.693 million in similar period in the previous year (a decline of 26.42%).
With one month to close the fiscal year in Pakistan, 13.39 million pairs were already sent abroad in the accumulated of the year, resulting in exports revenue of 114.860 million US dollars. This translates in a increase of 12.62% in volume and 4.29% in value. In the same period exports of leather footwear represented 84.8% of the total value of exports of footwear. Sales abroad of this type of footwear declined by 1.53% in volume but increased by 1.83% in value, from similar period in 2019. Growth also occurred across the canvas footwear (43.27%) and other footwear categories (20.14%).