Leather manufactures exports witness 10.43 pc increase

Leather manufactures exports witness 10.43 pc increase. Leather manufactures exports during the twelve months of fiscal year of 2021-22 grew up by 10.43 percent as compared to the exports of the commodity during the corresponding period of last year.

During the period from July-June 2021-22, leather manufactures worth US $621,081 were exported as compared to the exports of US $ 562,248 during the same period of last year.

According to the data released by the Pakistan Bureau of Statistics, the exports of leather garments increased by 10.15 percent, worth US $ 315,200 as compared to exports of $286,153 during the same period of last year.

Meanwhile, leather gloves exports also increased by 10.60 percent as the exports during current fiscal year recorded worth US $287,227 as compared to the exports during the same period of last year which recorded US $259,710.

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During the period under review, other leather manufactures exports increased by 12.61 percent, worth US$ 18,654 in current fiscal year, as compared to the exports of valuing US$ 16,565 of the same period of last year.

Leather Products

Leather is a supple and tough material produced via the tanning of putrescible animal skin, primarily cattlehide. The leather made ups and finishing industries symbolize an important division in Pakistan, earning approximately more than five million US dollars as a foreign exchange earnings to the country. The leather industry contains of six sub-sectors such as, Leather Garments, Leather Goods, Footwear, Leather Shoe Uppers, Tanning and Leather Gloves. Pakbiz brings out the great opportunities to do the leather business in Pakistan with the best companies available.