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 The footwear industry reported a 16.49% contraction in exports in the first half of FY24

The footwear industry reported a 16.49% contraction in exports in the first half of FY24

2024-01-25

Source:https://profit.pakistantoday.com.pk/

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During the July-December period of FY24, key sectors like leather garments and gloves saw a reduction in exports by 9.71%, with raw leather exports also decreasing by 23.17%,as per the latest data from the Pakistan Bureau of Statistics.

The footwear industry, which had shown growth in FY23, reported a 16.49% contraction in exports in the first half of FY24.

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