Footwear exports decline 9.88 percent
ISLAMABAD: Pakistan Bureau of Statistics (PBS) has said the footwear exports from the country witnessed a decrease of 9.88 percent during the first quarter of the current financial year (2020-21) as compared to the exports of the same period in 2019.
As per the Pakistan Bureau of Statistics (PBS) data, Pakistan exported footwear worth the US $33.463 million during July-September (2020-21) against the exports of $37.133 million during July-September (2019-20), showing negative growth of 9.88 percent.
In terms of quantity, the exports of footwear also decreased by 13.47 percent by going down from 3,873 metric tons to 3,351 metric tons, PBS said.
The exports of leather footwear declined by 8.59 percent as it down from $32.059 million last year to $29.305 million during the current year.
The canvas footwear exports of the country stood at just $ 0.038 million during the current year against $ 0.033 million last year, showing an increase of 15.15 percent.
Similarly, the exports of all other footwear commodities also dipped by 18.27 percent during the period under review as these went down from $5.041 million last year to $4.120 million during 2020.
The footwear exports year-on-year basis witnessed an increase of 4.19 percent during the month of September 2020 compared to the same month of last year.
The footwear exports during September 2020 were recorded at $11.812 million against the exports of $11.337 million in September 2019.
During the period under review, the leather and canvas footwear exports also increased by 6.36 and 750 percent respectively. In addition, the exports of all other footwear commodities decreased by 11.23 percent.
