Footwear exports decelerate 8.66% in 5 months

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Islamabad

The footwear exports witnessed a decrease of 8.66 percent during the first five months of current financial year (2020-21) as compared to the exports of corresponding period of last year.
Pakistan exported footwear worth US $51.546 million during July-November (2020-21) against the exports of $56.435 million during July-November (2019-20), showing a decline of 8.66 percent, according to the Pakistan Bureau of Statistics (PBS).
Among the footwear products, the exports of leather footwear decreased by 9.13 percent as it went down from $43.750 million last year to $48.147 million during the current year.
The canvas footwear exports from the country witnessed growth of 63.39 percent by growing from Just US $ 0.112 million last year to US $ 0.183 million during the current year, the PBS data revealed. Likewise, the exports of all other footwear commodities also dipped by 6.89 percent during the period under review as these went down from $8.176 million last year to $7.613 million during the current fiscal year.—APP

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