Bangladesh: leather industry ahead of schedule on export target
22/02/2017
The breakdown shows that export earnings from leather footwear increased by 13% to $335.8 million, while shipments of leathergoods fetched $243.2 million, meaning growth of 19.2 growth year on year for the July-January period.
Exports of finished leather grew too, by 1.7%, to reach $164.7 million.
Bangladesh has set an export target for the leather sector of $1.2 billion for the current financial year (July 2016 to June 2017). These most recent figures indicate that the leather industry in Bangladesh is ahead of schedule in meeting this target.