Leather exports increase 6% in three months

ISLAMABAD: The leather exports witnessed an increase of 5.99 percent during the first three months of the current financial year (2021/22), compared with the exports of the corresponding period of the last year, the Pakistan Bureau of Statistics (PBS) reported.

Pakistan’s exported leather worth $154.457 million during July-September 2021/22 against the exports of $145.733 million during July-September 2020/21, showing a growth of 5.99 per cent, it added.

Among the leather products, the exports of leather garments increased 3.79 per cent by going up from $77.551 million last year to $80.487 million during the current year.

The exports of leather gloves also rose 8.07 per cent to $69.387 million from $ 64.206 million.

Likewise, the exports of all other leather manufacturing commodities also increased 15.27 per cent during the period under review, as these went up to $4.583 million during the current fiscal year from $3.976 million last year.

Meanwhile, on a year-on-year basis, the leather exports witnessed an increase of 1.31 per cent during September 2021, compared with the same month of the last year.

The leather exports during September 2021 were recorded at $48.139 million against the exports of $47.515 million in September 2020.

During the period under review, the leather gloves and other leather manufacturing exports also increased 9.37 per cent and 12.51 per cent, respectively, In addition, the exports of leather garments; however, decreased 6.10 per cent.

On a month-on-month basis, the exports of leather manufacturing increased 8.90 per cent during September 2021, compared with the exports of $44.206 million in August 2020, the PBS data revealed.

On a month-on-month basis, the exports of leather garments and leather gloves increased 3.19 per cent and 15.17 per cent, respectively, while the exports of all other leather manufacturing rose 12.02 per cent.