The same source shows that exports tanned skin in the first nine months of this year total revenues of 151.377 million US dollars, compared to 187.934 million US dollars in the same period the previous year (a decrease of 19.47%).
Pakistan’s Footwear Industry
According to the 2019 World Footwear Yearbook (AVAILABLE HERE), in 2018, Pakistan’s international trade reversed the trend of the past few years with growing exports and declining imports. Pakistan is 8th the biggest footwear manufacturer with 411 million couples and a 1.7% world share. With a population of 201 million people, Pakistan too 8th biggest consumer of footwear. The industry mainly focuses on the internal market, only exporting footwear 115 million US dollars (48th the biggest exporter in 2018). Pakistan imports most of the textile footwear from China and most exports of leather footwear.
* Pakistan’s financial year runs from July to June
Image credit: elias at Unsplash
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