Bangladesh leather well short of government export t - leatherbiz: Lea Leatherbiz

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Bangladesh leather well short of government export target

22/05/2019
Bangladesh’s leather industry registered a decline in export revenues of 8.7% in the first ten months of the current financial year, July 2018-April 2019, compared to the same period in the previous financial year.

Over the ten-month period this time, the leather industry as a whole brought in export revenues of $837 million. 

Finished leather exports contributed $147 million, down by 5.7% year on year. Leathergoods brought in just under $200 million, a decline of more than 33%. Leather footwear exports registered export revenues of $491 million over the period, an increase of 6.7%.

Bangladesh’s government has set the leather industry an export target of more than $1.1 billion for the leather sector in the financial year ending July 2019. The industry is around 9% short of this target to date.

The Bangladesh Tanners’ Association (BTA) has attributed the decline in leather exports to falling demand for leather products in markets such as South Korea, China, and the European Union. 

Shaheen Ahmed, chairman of BTA, recently told local media that 155 leather manufacturing facilities have now moved to the new tanning cluster at Savar, but that only 125 of them are running at full capacity. 


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Savar’s tannery waste could be turned into fertiliser 16/11/2021
Leather export incentives for Bangladesh 27/08/2019
Footwear the bright spot for Bangladesh’s leather sector 11/07/2019
Uncertainty remains over management of Savar CETP 30/05/2019

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