Shoes are the good news for Bangladesh
09/01/2019
These figures also mean that leather footwear contributed more than 60% of total leather-sector export revenues over the six-month period.
However, if shoes are a success story, the results of other parts of the Bangladesh leather sector have been disappointing. Exports of finished leather brought in just over $90 million, while shipments of leathergoods earned export revenues of $116 million. These figures represent declines of 7.1% and 46% respectively.
In total, the leather sector’s export revenues for the first half of the financial year reached $532.3 million, which is down by 14% on the corresponding figure for the previous financial year.
The government has set the leather industry a target of exporting product worth more than $1.1 billion for this financial year, an increase of 3.5% compared to the previous financial year.
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