The footwear exports from Pakistan saw an increase of 15.75% during the first two months of the current financial year (2019-20) as compared to the corresponding period of last year.
Pakistan exported footwear worth $25.793 million during July-August (2019-20) against the exports of $22.283 million during July-August (2018-19), showing a growth of 15.75%, according to the latest data of Pakistan Bureau of Statistics (PBS).
Among the footwear products, the exports of leather footwear witnessed a growth of 11.45%, from $20.002 million last fiscal year to $22.292 million during the current year.
The canvas footwear exports from the country stood at $0.025 million during the current year against $0.012 million last year, showing an increase of 108.33%.
Likewise, the exports of all other footwear increased by 53.20 % during the period under review, as these went up from $2.269 million last year to $3.476 million during the current fiscal year.
Meanwhile, the footwear exports were increased by 6.99% during August 2019 when compared to the same month of last year. The footwear exports during August 2019 were recorded at $12.848 million against the exports of $12.009 million in August 2018.
In the same month, the leather footwear exports increased by 5.40%, canvas by 171.43%, while the exports of all other footwear went up by 20.37%.
The exports of footwear witnessed a decrease of 0.75% during August 2019 when compared to the exports of $12.945 million in July 2019.
On month-on-month basis, the exports of leather footwear were increased by 4.42% and canvas footwear by 216.67%, however, the exports of all other footwear products were declined by 29.11%
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Slowly but surely.. Pakistan is on right track. This is testament to IK and PTI’s progress. InshaAllah this is just the beginning, upwards and onwards!