Leather goods surge 9.41pc to $319.8m in 1HFY22

ISLAMABAD: The leather goods exports witnessed an increase of 9.41 percent during the first half of the current financial year 2021-22 as compared to the exports of last year.

According to the Pakistan Bureau of Statistics, during July-December (2021-22), Pakistan exported leather goods worth $319.791 million against the exports of $292.279 million during July-December (2020-21), showing growth of 9.41 percent,.

Among the leather products, the exports of leather garments increased by 9.73 percent by going up from $152.888 million last year to $167.768 million during the current year. The leather gloves exports also rose by 9.19 percent to $142.627 million from $ 130.623 million.

Likewise, the exports of all other leather goods also increased by 7.16 percent during the period under review as these went up from $8.768 million last year to $ 9.396 million during the current fiscal year.

Meanwhile, on a year-on-year basis, the leather goods’ exports witnessed an increase of 1.87 percent during the month of December 2021, as compared to the same month of last year. The leather exports during December 2021 were recorded at $53.153 million against the exports of $52.179 million in December 2020.

During the period under review, the leather garments increased by 6.49 percent while the export of gloves dipped by 2.79 percent, in addition, the exports of other leather goods also decreased by 7.33 percent.

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