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Bangladesh: Leather exports up 50%

Bangladesh: Leather exports up 50%

Write: Phylicia [2011-05-20]

Posted by FNA on 14 Oct 2010-Bangladesh leather exports have jumped 50% during the first two months of the financial year from July to August, with all segments performing well, the Export Promotion Bureau (EPB) said.

Bangladesh's total leather exports totalled $110.4 million during the two-month period, up from $73.5 million during the same period last year.

The breakdown showed that Bangladesh exported finished leather worth $47.3 million compared with $29.9 million (+58.4%), footwear worth 54.3 million compared with $40.8 million (+33.2%) and leather bags and purses worth $8.8 million compared with $2.9 million (+204.5%).

Bangladesh has fixed an export target of $563.8 million for the leather sector for the year compared with $476.8 million in the last financial year.