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Presentation
Exporting Leather Industry OF Bangladesh
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Bangladesh had a share of just 0.7 percent of the world leather market in
2016. Thus positioning itself as only the 21st largest exporter in the world.
Bangladesh main export destinations for their leather goods and footwear
are the UAE, Argentina, Austria, Australia, Belgium, Canada, Switzerland,
Chile, China, Germany, Denmark, Italy, Spain and Finland.
Exporting Amount
According to the Bangladesh Export Promotion Bureau, Bangladesh exports leather
and leather goods worth about US$1 billion a year out of a global market valued at
US$215 billion. According to the data of Export Promotion Bureau (EPB), export
earnings from the leather and leather products declined by 16.11% to US$434
million in the five months of the fiscal year 2018-19, which was US$518 million in
the same period last year. In fiscal 2017-18 Bangladesh earned USD 1.08 billion
from exporting leather on the other hand in 2016-17 Bangladesh earned
$1.23 billion.
Skilled
manpower
Power
Technolog and
y utilitie
s
Solutio
n
Global
Political
market
instabilit
reputatio
y
n
Brandin
g
Government Steps
Bangladesh government has taken many steps to upgrade the industry. The
government has already set up a modern leather industrial estate in Savar,
Chottogram and Rajshahi for unlocking the huge potentials of the country’s
leather sector. Tanneries of the Hazaribagh area have been shifted to a modern
environment-friendly tannery estate in Savar. Around 155 tanneries are
relocated to the Savar tannery estate. In Hazaribagh, the installed capacity of
this cluster was around 280 million sft, but these tanneries have set up a target
of 450 million sft of yearly production capacity in Savar.
Recommendation for Improvement-
Government should give more excess to the export
developing fund