It seems that the year 2023-2024 won’t be a positive one for Bangladesh’s leather exports. With one month left to the end of the year, total leather exports have declined by 14.17% year-over-year
The downward trend continues. Bangladesh’s leather footwear exports fell by around 27% year-on-year in the nine months to March 2024, leading to a decline in the overall leather exports
Bangladesh has announced cuts to export incentives in almost all sectors as the country prepares to exit Least Developed Country status in 2026. The leather industry is one of the hardest hit
In the first half of the fiscal year 2023-2024, Bangladesh’s leather footwear exports fell by 33% year-over-year, leading to an overall decline in the country’s leather exports
Bangladesh's leather exports have been on a downward trend, mainly due to the performance of the leather footwear segment, whose exports fell by 34.75% year-on-year from July to November
Bangladeshi leather exports declined by 18.44% between July and September, as compared to the same period of last fiscal year, with the leather footwear segment suffering the biggest blow
From July to August, Bangladesh posted a 12.73% decline in leather exports, as compared to the same period of last fiscal year. Only the leather goods segment grew in the period
From July to March 2023, Bangladeshi’s total leather exports increased only by 2.56% year-over-year, reflecting a deceleration in the category exports since the start of the year
From July to February 2023, the Asian country's total leather exports totalled 832.4 million US dollars, up by 6.05% year-over-year, but down by 9.98% from the target set for the period
The Pakistan Accord, expected to go into action in the upcoming spring, will address working conditions and safety within the textile and garment supply chains of brands sourcing in Pakistan
From July through November 2022, leather footwear exports were the only ones among the leather sector to exceed the strategic target set for the period, whereas all the others fell short
From July to September 2023, Bangladeshi leather exports increased by 20.87%, year-over-year, slightly exceeding the strategic target set for the period (by 6.36%)
From July 2021 to May 2022, overall leather exports totalled 1.11 billion US dollars, topping the strategic target set of 1.03 billion US dollars for the full financial year
From July 2021 to April 2022, leather exports generated 1.01 billion US dollars, reflecting growth of 33% year-over-year. Leather footwear exports represent about 60% of the total revenue
In the first nine months of the current fiscal year, the Bangladeshi leather industry reported growth across all segments, remaining ahead of its strategic growth targets