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Indian leather exports continue with dynamic performance

Feb 3, 2015 India
 Indian leather exports continue with dynamic performance
The increase occurred across exports of all segments of leather & leather products during the eight month's period ended in November 2014

According to official data from the DGCI&S (Directorate General of Commercial Intelligence and Statistics) Indian exports of leather footwear reached 1 526.6 million US dollars in the period from April to November 2014, a 21.7% growth from similar period in 2013. India’s overall export of leather and leather products increased to 4 450.6 million US dollars compared to 3 798.0 million US dollars (positive growth of 17.2%).

According to CLE, the local Council for Leather Exports, using data from the DGCI&S, the major markets for Indian leather & leather products in the period were Germany with a share of 12.4%, UK 11.7%, USA 11.5% and Italy 8.8%.

If Hong Kong (5.3%), France (6.4%), Spain (5.4%), Netherlands (3.8%), China (2.5%), Denmark (1.3%), UAE (2.5%) and Belgium (1.9%) are added to the list, this set of countries together accounts for nearly 73% of India’s total leather & leather products export.

Export of leather & leather products to the major destination markets like Germany, USA, UK, Italy, France, Russia, Netherlands, Canada, South Africa, Japan, Portugal, UAE and China have shown positive growth during the period.

Export of the different categories of footwear represent a major share of 45% in India’s total leather & leather products exports, with a value of 2 007.3 million Us dollars. This is followed by leather goods & accessories with a share of 22.0%, finished leather 21.2%, leather garments 9.2% and saddlery & harness 2.6%.

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