Downturn in leather export values in two Asian countries
07/09/2015
Bangladesh’s Export Promotion Bureau reported the value of leather-sector exports at $94.6 million in July, a decline of 13.3% year on year. Finished leather’s contribution to this total was $37.3 million, which represents a fall of more than 40% compared to the figure for the same month in 2014.
In parallel, Pakistan’s leather industry reported the value of exports of leather and leather products at $90 million in July, a year-on-year decline of 4.25%. Finished leather’s contribution was just over $30 million, which is 15.8% down on the figure for July 2014.