Leather goods exports dull despite huge potential

Vietnam entered the global footwear export market just a decade ago and the Southeast Asian nation’s export now stands at $20 billion a year. On the other hand, Bangladesh made the foray three decades ago but its overseas shipment in the segment is hovering around $1 billion despite having the main raw material and human resources.  A lack of backward linkage industries, inconsistent policies, lengthy customs procedures, and harassment in getting bonded warehouse facility for imports of raw materials are mostly blamed for the low leather goods exports from Bangladesh, said Nasir Khan, chairman and managing director of Jennys Shoes, one of the pioneers in manufacturing and exporting of footwear.