ISLAMABAD: The exports of leather goods from the country witnessed increase of 9.89 percent during first five months of current fiscal year 2013-14 against the same period of last year.

The leather goods exports were recorded at US $263.097 million
whereas during the period July-November 2012-13, the exports remained $239.421 million.

According to data released by Pakistan Bureau of Statistics (PBS), the exports of leather garments increased by 8.72 percent during the period under review against the same period last year.

The leather garments exports during the period under review were
recorded at US $179.66 million while during last year, the exports stood at US$ 165.257 million.

Similarly exports of leather gloves increased by 13.85 percent which stood at $78.646 million during July-November 2013-14 against the exports of $69.079 million during July-November (2012-13).

Other leather goods, however witnessed negative growth of 5.85
percent during the period under review.

On month on month basis, the leather manufactures export also
increased by 9.45 percent and decreased by 8.8 percent in November, 2013 when compared with the exports in November 2012 and October 2013, respectively.

The exports in November 2013 were recorded at $45.94 million where as in November 2012 and October 2013 the value of exports remained $41.997 million and $50.4 million, respectively.

Similarly the exports of leather garments increased by 8.39 percent and decreased by 7.98 percent during November 2013 when compared to November 2012 and October 2013 respectively.

The leather gloves exports, also increased from $10.589 million in
November 2012 to $12.362 million in November 2013 showing a growth of 16.74 percent.

The exports of other leather manufactures, however decreased by 32.59 percent and 10.5 in November 2013, when compared to that of November 2012 and October 2013 respectively.

The other leather goods' exports decreased from 1.062 million in November 2012 and $0.8 million in October 2013 to $0.716 million in November 2013.

SOURCE: APP