Pakistan exports more footwear in May
Pakistan’s total leather exports rose 4.4% in May to $74.6 million compared with $71.5 million in April and 0.4% compared with May 2009 ($74.3 million).
A breakdown of the data, provided by the country’s Federal Bureau of Statistics, showed that the country’s footwear exports totalled $7 million compared with $5.1 million in April, a rise of 35.3%.
However, leather exports for the first 11 months of the financial year (July 2009 to May 2010) fell 13.4% to $784.1 million from $905.8 million during the same period last year.
The breakdown showed that the country exported 10.5 million pairs of footwear worth $85.7 million during the 11-month period (including leather footwear exports worth $65.1 million, canvas footwear exports worth $0.5 million and other footwear exports worth $20.1 million). This compares with 13.1 million pairs worth $1.2 billion during the same period a year ago, a decline of 27%.
