Bangladesh Garment Export Industry Achieved Notable Growth
according to
The People's Republic of Bangladesh
According to the Export Promotion Council, the export volume of clothing industry in the country in the fiscal year 2010 to 2011 amounted to US $17 billion 910 million, which accounted for 78.14% of the total export volume of Bangladesh and 1.02 percentage points higher than the previous fiscal year.
Among them, the export of knitted garments was US $9 billion 490 million.
Knitted garments
Exports amounted to $8 billion 430 million.
The proportion of the 2 industries to Bangladesh's total exports was 41.37% and 36.79% respectively.
In contrast, the local knitted apparel industry exported from $2009 to 2010 in fiscal year 6 billion 490 million, while knitted garments were exported.
Export volume
It was $6 billion 10 million.
The proportion of the 2 industries to Bangladesh's total exports was 40.01% and 37.11% respectively.
The export volume of local household textiles and towels was 788 million 760 thousand US dollars and US $120 million respectively.
If the 2 class items and professional textiles are included in the statistical range, the total proportion will exceed 80%.
Vietnam and Mainland China have gradually lost the favor of international buyers because of the high cost price, and buyers' attention has begun to turn to Bangladesh, the industry said.
In addition, Bangladesh is more competitive because of its basic equipment for making garments.
The National Association of textile and garment manufacturers and exporters (BGMEA) said that the export volume of local garments increased last year because of the rising prices of raw materials such as cotton and cotton.
Soar
。
In addition, Bangladesh has begun to successfully re export new markets such as Japan, New Zealand, South Africa, Malaysia, Turkey and Latin America, making it possible for the garment industry to develop in the future.
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