|  | 

Industry

Exports of Manufactured Leather Goods Grow by 10.41%

Exports of manufactured leather goods from Pakistan grew by 10.41% during the first quarter of the current financial year as compared to exports of the corresponding period last year.

The exports from July-September 2019 rose to $131.4 million as compared to the exports of $119 million in the same period last year.

According to the data released by the Pakistan Bureau of Statistics, the export of leather garments increased by 11.48%.

322 TH.DOZ of leather garments valued at $75 million were exported as compared to the 234 TH.DOZ worth $67.3 million in the same period last year.

Meanwhile, 1,438 TH.DOZ of leather gloves worth $53.7 million were also exported in the first quarter of the current financial year as compared to the exports of 1,287 TH.DOZ valued at $49.1 million in the same period last year.

During the period under review, other leather goods exports of the country also recorded a positive growth of 5.20%. Other goods worth $2.6 million were exported as compared to the exports of $2.5 million in the same period last year.

Textile Exports

Textile exports from the country grew by 2.95% during the first quarter of the current financial year (1QFY20) as compared to the exports of the corresponding period last year.

Textile products worth $3,371 million were exported during the July-September period, as compared to $3,275 million worth of exports exported in the same period last year.

Cutlery exports

The export of cutlery witnessed an increase of 18.66% during the first quarter of the current financial year (1QFY20) as compared to the corresponding period last year.

Pakistan exported cutlery worth $23.8 million during July-September 2019-20, as against the exports of $20.1 million during July-September 2018-19, according to the Pakistan Bureau of Statistics (PBS).

Source: Pro Pakistani

exports-of-manufactured-leather-goods-grow-by-10-41

ABOUT THE AUTHOR

About Us

Yes, it is true that the Business Observer does what its name reveals, means covering the news from all the industries, which are putting their efforts into accelerating the economy of Pakistan. The website is the trustworthy business news website and its name is taken among those business websites of Pakistan.

Monthly Archives