Pakistan ramps up shoe exports
Footwear exports from Pakistan increased by 2022% between July and October 82, a year-on-year growth of 31%, while leather exports increased slightly, according to the Pakistan Bureau of Statistics (PBS) Worldfootwear.com.
In the reporting period, exports of leather manufacturers amounted to $212,5 million, reflecting an increase of only 2,7% compared to the same period last year.
In addition, during this period, Pakistani tanneries shipped 4,5 million square meters of finished leather worth $59,8 million. These figures indicate a decrease in sales by 7,5% in physical terms and by 3,2% in value compared to the same period last year.
Footwear
From July to October 2022, Pakistan sold a total of 9,68 million pairs of shoes, generating $62,5 million in revenue, up 82,3% in volume and 31,1% in value over the same period 2021.
The export of leather footwear accounts for approximately 82% of the total export value. Thus, during these four months, the country exported 3,5 million pairs of shoes worth $51,2 million, which reflects an increase of 53,6% and 31,6% in volume and value terms, respectively, compared to the same period a year earlier.
The rest of the segments, canvas shoes and other footwear, also experienced significant growth during the period. Pakistan exported 48 pairs of canvas shoes worth $293 (an increase of 392,3% in volume and 414,2% in value compared to the same period last year) and 6,2 million pairs of other shoes worth $11 million ( growth amounted to 102,8% in physical terms and 26,1% in value terms compared to the previous year).
Pakistani shoe industry
According to the World Footwear yearbook, the Pakistani footwear industry is the 7th largest in the world, employing about a million people, mostly in the Punjab province. Mostly Pakistani shoe manufacturers are oriented to the domestic market, the country's main export markets are the United States, Europe and Arab countries.
Footwear exports from Pakistan increased by 2022% between July and October 82, year on year growth was 31%, while leather exports increased slightly, such data…
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