Leather export earnings suffer 12% drop

Of the total earnings from leather in FY18, the Export Promotion Bureau (EPB) calculated that leather products earned $336.8 million – a year-on-year fall of 27% – even if leather footwear bucked the downward trend, growing by over 5% to $565.6 million in the last fiscal year.

Bangladesh’s export earnings from leather suffered a huge drop of over 12% in the last fiscal year, with manufacturers blaming the forced relocation of the centre of the country’s tanning industry.