Footwear rises above drop in Bangladesh trade - footwearbiz: Leading s

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Footwear rises above drop in Bangladesh trade

29/10/2019
According to local media, the last six years have seen a drop of nearly 29% in Bangladesh leather trade while leather footwear exports have risen a dramatic 761%. The report quotes data from the Export Promotion Bureau of Bangladesh which shows in fiscal year 2011-2012, the country's crust and finished leather exports had a value of $230 million, but have since fallen to $164 million. In the same period, leather footwear and leathergoods exports rose from $99 million to $855 million. 
 
The issue — which industry experts have attributed in part to issues with environmental compliance — was discussed at a press conference for LeatherTech Bangladesh 2019. Saiful Islam, president of Leather Goods and Footwear Manufacturers and Exporters Association, was quoted saying there’s a reluctance to buy products from non-compliance industries and that this issue was damaging Bangladesh.
 
The event for which the press conference was held, Leathertech 2019, will be held 31 October to 2 November at International Convention City in Bashundhara, Dhaka. More than 250 exhibitors from around the world will gather to showcase and discuss leather, machinery, components, chemicals, accessories and allied products. 

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