The global export patterns are changing fast as a result of
reduction in trade barriers and technological advancements that have led
to gains in productivity and change in comparative advantage patterns in
world economies. Asian economies such as China and India are enjoying a
notable growth in changing circumstances across the world. Pakistan also
has great potential for higher growth however the political threats,
socioeconomic environment and lack of updated technologies are
obstruction in the way of progress. Some sectors of Pakistan economy
have shown a good performance in terms of production and exports.
Footwear is one such industry which has increased its exports at large
extent since 2003. This sector has pivotal importance in terms of
providing and creating jobs, earning of foreign exchange with the help
of exports and fulfilling the local consumption requirements. Both in
Pakistan and around the globe, the demand for footwear is increasing.
Pakistan is one of the most populous countries in the World and
according to an estimate with an average population growth of 2.25
percent, about 3 million children have been born during the year
2005-06, signaling the growing demand for footwear in Pakistan. It is
also estimated that about 60 percent of the World’s total consumption
consists of simple footwear made entirely of non-leather materials and
that for the remaining 40 percent only the upper part of the shoe is
made of leather. In the manufacturing of footwear, most frequently used
material consists upon leather, man-made materials, rubber / canvas /
synthetic and textile along accessories. Different type of shoes are
being produced by the local industry e.g. sportsmen, army, disabled
persons and safety shoes for the industrial workers etc. The population
of Pakistan is expected to be about 172 million in the year 2010.
Keeping in view the growth in population, the growth in the demand of
footwear industry is also anticipated.
An Overview of Export and Import of Pulses in India
