Tough times for footwear in Bangladesh
Export growth has slowed in Bangladesh according to its Export Promotion Bureau. Although there continued to be growth, the rate slowed by 6.2% during the second half of 2009 compared with the same period in 2008.
Export earnings during the first half fell 14.4% percent short of projected targets, totalling $7.2 billion compared with $7.7 billion during the first half of 2008.
The hardest hit export items included shoes, hides, chemicals and textiles.
A handful of products, including leather bags and jute, bucked the trend, registering growth despite the overall decline.