dc.description.abstract | Purpose: The principal objectives of the study are to find out the
contribution scenario of the leather sector towards the economic
development of Bangladesh and to know the background of the leather
industry, export performance, item wise contribution, country-wise
export trend and contribution in GDP.
Methodology: The present study is a descriptive one and based on
mainly secondary information. The data was collected from various
journals, research articles, thesis papers, newspapers, online news, survey
reports, and annual reports and files. In this study, a descriptive technique
was adopted in tabular form, column chart, line chart, pie chart, bar chart
to analyze the results and represent collected data and information.
Findings: The leather sector of Bangladesh is the second-largest export
earners after the ready-made garments sector. This sector contributes
enormously to the socio-economic development of Bangladesh. The
research findings reveal that the export contribution of leather was 8.14%
in FY 1990-91, but after that, the contribution of leather sector is
decreasing, one of the main reasons is the export trade had been singlehandedly driven by the RMG sector, now its share is almost 2.52%
($1.01billion) of the export earnings. The study shows that the export
earnings from leather footwear were 60% growth rate in FY 2018-19 due
to riding the trend of increased leather footwear exports in the United
States, whereas, the contribution of processed leather and leather
products is 24% and 16% respectively. The study also reveals that the
leather sector is contributing significantly to the GDP. Leather items are
exported from Bangladesh to about 53 countries of the world. The leather
sector is also a major employer of semi-skilled or unskilled workers,
directly employs around 200,000 people and around 850,000 are
connected to the sector indirectly.
Limitations: I faced some difficulties for collecting data. Moreover, the
study could not deliberate the reflection of statistical tools for analysis of
the data.
Practical Implications: The export earnings from the leather industry
were in good shape before the inception of tannery relocation. But the
tanneries are suffering from 2017 as the relocation hit the production of
leather processing because some tanneries are not yet in operation. For
improving the export performance, the study will be helpful for
stakeholders, industry owners, and management, BTA, BFLLGFEA,
LFMEAB and buyer’s association.
Originality/Value: The study findings clearly showed and explained the
comparative position of the export trend among processed leather, leather
footwear and leather goods. | en_US |