Footwear exports to US: China down, Bangladesh up

According to Otexa (Office of Textiles and Apparel) data, last year Bangladesh earned $133.25 million from exporting footwear, up by over $20 million in a single year. Leather footwear exports from Bangladesh to the United States registered a 17.70% rise to $133.25 million in 2018, although the sector’s total exports to global markets faced a 12% negative growth during the period. Experts attribute the ongoing US-China trade war for the windfall export earnings from the US market. According to Otexa (Office of Textiles and Apparel) data, last year Bangladesh earned $133.25 million from exporting footwear, up by over $20 million in a single year, which was $113.33 million in the previous year. Of the total amount, $126.17 million came from leather footwear, while the rest from other footwear products.