Exports of manufactured leather goods from Pakistan grew by 10.41% during the first quarter of the current financial year as compared to exports of the corresponding period last year. According to the data released by the Pakistan Bureau of Statistics, the export of leather garments increased by 11.48%. Other leather goods exports of the country also recorded a positive growth of 5.20%. i.e. worth $2.6 million as compared to to the exports of $2.5 million in the same period last year.
After a meeting held of the Pakistan-China Joint Chamber of Commerce and Industry (PCJCCI) in Lahore, Pakistan decided to export gemstones and jewellery to China as opportunities for improving bilateral trade were explored during the meeting. Pakistan possesses large untapped reserves of precious gemstones which can be exported to China as China is the biggest buyer of jewellery and gemstones.