Bangladesh's export earnings from leather goods and footwear are concentrated in 10 countries, with these markets buying roughly 80 percent of the total shipments from the nation in the fiscal year 2022-23.
Global buyers for leather goods and footwear now want their orders delivered faster than before, requiring local manufacturers to respond promptly. And this calls for easing customs procedures and ensuring faster clearance of goods to facilitate export growth, according to market players..
Bangladesh is rapidly emerging as a dependable source of leather goods and footwear for many foreign buyers owing to low prices and good quality, according to industry people.
The Bangladesh Leather Footwear and Leather goods International Sourcing Show (BLLISS) will be of three days
The shipment of synthetic footwear and sports shoes from Bangladesh grew 6.21 per cent year-on-year in July-May of the outgoing fiscal year thanks to shifting orders from China and the expanding capacity of manufacturers.
The exports of leather footwear from Bangladesh declined 4.28 per cent year-on-year in July-May of the ongoing financial year owing to lower orders from Europe, the main market, official figures showed.
Growth in leather footwear exports from Bangladesh was unsatisfactory in the first seven months of the current financial year as the economic fallout of the Russia-Ukraine war has been weighing down shipments since September, according to industry people.
A lack of compliance is preventing the leather sector in Bangladesh from tapping its potential and expanding its footprint in the international market despite the availability of raw materials locally.
Bangladesh's export earnings from leather goods and footwear are concentrated in 10 countries, with these markets buying roughly 80 percent of the total shipments from the nation in the fiscal year 2022-23.
Global buyers for leather goods and footwear now want their orders delivered faster than before, requiring local manufacturers to respond promptly. And this calls for easing customs procedures and ensuring faster clearance of goods to facilitate export growth, according to market players..
Bangladesh is rapidly emerging as a dependable source of leather goods and footwear for many foreign buyers owing to low prices and good quality, according to industry people.
The Bangladesh Leather Footwear and Leather goods International Sourcing Show (BLLISS) will be of three days
The shipment of synthetic footwear and sports shoes from Bangladesh grew 6.21 per cent year-on-year in July-May of the outgoing fiscal year thanks to shifting orders from China and the expanding capacity of manufacturers.
The exports of leather footwear from Bangladesh declined 4.28 per cent year-on-year in July-May of the ongoing financial year owing to lower orders from Europe, the main market, official figures showed.
Growth in leather footwear exports from Bangladesh was unsatisfactory in the first seven months of the current financial year as the economic fallout of the Russia-Ukraine war has been weighing down shipments since September, according to industry people.
A lack of compliance is preventing the leather sector in Bangladesh from tapping its potential and expanding its footprint in the international market despite the availability of raw materials locally.
