According to the Export Promotion Bureau of the Government of Bangladesh, Jul – Jan of fiscal 2024-2025, total leather and footwear exports reached 987.12 million US$, which increased by 15%, on a comparable basis to the same period of last year. For the month of January 2025, it is 135.94 million, which is as same as January 2024.
However, the finished and crust leather segment took the biggest hit. Though in Jan 2025, this segment hit only 2% of last year's Jan, in YTD, Bangladeshi finished and crust leather exports amounted to 73.75 million US dollars, which reflects a decline of 10.30% compared to the same period of the previous fiscal year.
Leather goods exports are another segment that shows a downtrend in the first seven months of the current fiscal year, reaching 191.92 million US dollars; which is 9.26% lower than the same period of the previous fiscal year. In Jan 25, it shows 2.23% higher than same in Jan 2024, amounting only 29.76 Million
On the other hand, leather footwear exports increased by 23.99% from the same period of the prior fiscal year, totaling 403.36 million US dollars. And a big jump of Jan 2025, a negative 8.98% lower than Jan 2024, amounting 50.71 Million US dollars.
Other footwear exports grew by 34.21% in the YTD level of the fiscal year, comparable to a similar period of last fiscal year, amounting to 318.09 million US dollars. Jan 2025 also showed as growth of 10.20% than Jan 2024, amounting 44.20 Million US dollars. .
Source:
Export Promotion Bureau, Bangladesh
Export performance for Leather & Footwear 2024-25 July-January (provisional)