The leather industry, the second largest export earning sector of Bangladesh, registered a downward trend in exports earnings in the past eight months. In 2016-17, for the same period export earnings totaled 827.62 million USD, when in 2017-18 it has reached 784.97 million USD, representing a decline of 5%.

Bangladesh’s exports of leather reached 126 million US dollars in the first six months of the current financial year (July 2017 to February 2018). This represents a decline of 23% from similar period in the previous year.

Exports of leather products declined by 3%, reaching 274 million US dollars.

Leather footwear exports went up by 7%, reaching 394 million US dollars for the period, reaching 101% of the target set for the period for this segment. Other footwear also registered a good performance in the period totaling 171 million US dollars’ worth of exports, increasing by 8% from similar period in the previous year.