The first semester closed with a positive performance by the footwear industry (growing from similar period last year and above their strategic target). Different performance registered by the leather and leather products industries
Bangladesh’s exports of leather reached 81 million US dollars in the first six months of the current financial year (July to December 2017). This represents a decline of 29% from similar period in the previous year and the achievement of 87% of the strategic target fixed for the first semester.
Exports of leather products almost reached the target for the period (89%) and were stable compared to similar period in 2016-2017, reaching 185 million US dollars.
Leather footwear exports went up by 9%, reaching 253 million US dollars for the six-months period, reaching 109% of the target set for the period for this segment. Non-leather footwear also registered a good performance in the period totaling 108 million US dollars’ worth of exports, 104% of the target and increasing by 6% from similar period in the previous year.