Further decline for Pakistan’s leather exports

19/02/2019
Leather-sector exports from Pakistan achieved revenues of just over $500 million in the first seven months of the current financial year, July 2018-January 2019.

This represents a fall in export revenues of 9.5% compared to the same months in the previous fiscal year. Declines in exports of finished leather and of accessories were the reason for the fall. Exports of leather shoes, in contrast, grew.

Figures from the country’s Federal Bureau of Statistics show that exports of finished leather brought in $148.2 million over the seven-month period, down by more than 20% year on year. Leathergoods exports brought in $288 million, a decline of 7.2%.

Leather footwear brought in almost $70 million. This represents growth of 16.4%.