Bangladesh: shoes are the only bright spot - footwearbiz: Leading site

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Bangladesh: shoes are the only bright spot

17/10/2018
During first three months of the current financial year, (July-September 2018), Bangladesh’s export revenue from shipments of leather footwear, finished leather and leathergoods fell by 17.5% compared to the same months in 2017, reaching $267.9 million. The figures come from the country’s Export Promotion Bureau.

On a positive note, leather footwear exports increased in value, by 5.6% to reach $175.5 million.
Revenues for finished leather exports declined, however, by 11.4%, reaching $41.2 million. The decline for leathergoods was even sharper, falling by 54% to $51.2 million over the three-month period.

The Bangladeshi government has set the entire leather industry an export target of more than $1.1 billion for this financial year (July 2018 – June, 2019), which denotes expected growth of 3.5%.


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