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Leather exports slowdown in Bangladesh

Jan 8, 2016 Bangladesh
Leather exports slowdown in Bangladesh
According to data released by the Export Promotion Bureau in Bangladesh, sales abroad of leather products in the period July - December have represented 97.7% of the target established for the period
The Export Promotion Bureau (EPB) estimates that in the first six months of the current fiscal year (July 2015 - December 2015) leather footwear exports totaled 252.04 million US dollars, which compares to a target for the period of 260.47 million US dollars. This positions exports of leather footwear at a level of 96.8% of the target for the period.

Exports of leather and leather products exports reached 97.7% of the target set for the period; however, the categories performed differently. While leather exports were quite below the target for the period, achieving only 70.0% of the target, leather products have reached 142.1% of the target for the period.

Compared to similar period in the previous fiscal year, exports of leather and leather products were down by 2.05%. Leather footwear exports in the period were stable (+0.22% compared to similar period in the previous year). Leather exports were down by 37.47%, and sales abroad of leather products increased by 60.68%.

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