A mixed bag for leather as Bangladesh begins new fiscal year
10/08/2017
However, the wider leather sector’s export revenues for the month were up by 26.2% year on year at $116.7 million thanks, largely, to an increase of 30% in the exports of leather shoes from the Asian country to almost $65 million. Shipments of leathergoods also rose substantially, reaching $38.5 million, 38.4% up on the figure for last July.
In the course of the 2016-2017 financial year, the Bangladeshi leather industry brought in export revenues of more than $1.2 billion. The government has set it a new target for 2017-2018 of almost $1.4 billion.
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