Pakistan’s exports of leather and leather goods keep decreasing. Such is the scenario according to the latest data, made public by Pakistan’s Federal Bureau of Statistics, about the last 8 months of the financial year. From July 2018 to February 2019, exports of “hides and leather finished products” have been driving a 573 million dollar turnover, which therefore dropped by 9.7% on annual basis. More specifically, exports of hides decreased by 21.7%, while exports of leather goods accessories declined by 7.3%. The only good news come from leather footwear, whose trend is positive, as revenues increased by 14.5%. In the meantime, they keep working on the roadmap to the new industrial site based in Sialkot: all of the 276 tanneries, located in 10 clusters in the area, will supposedly work in the district, which is going to extend across 392 acres.
Pakistan’s eight hard months, as exports of leather slump (-21.7%) and leather goods slow down. Good news for footwear (+14.5%)
