Downward trend of leather exports in first six months
22 Jan '07
1 min read
During first half this fiscal, declining trend has been witnessed in exports of leather goods.
According to figures released by Federal Bureau of Statistics (FBS), a decline of 30 percent has been seen in leather exports during July-December 2006.
During this period, exports of leather manufacturers stood at US $261.734 million over $378.748 million in same period last year.
During July-December 2006, exports of leather footwear achieved $49.150 million over $59.430 million during corresponding period of previous year, a decline of 18 percent.
While, leather garment exports stood at $188.245 million compared to $268.843 millions over corresponding period 2005, a decline of 29.98 percent.
Similarly, exports of leather gloves reached $57.287 million compared to $71.681 million during the same period of last fiscal year.
In December 2006, country exported leather goods worth $40.419 million as compared to $66.141 million in the same month of last year.
Even Customs Rebate of 5.17 percent given by the Government has been cut down to 3.22 percent during fiscal year 2005-2006.
marketing@alchempro.com
