Export

Bangladesh Garment Exports Lag Behind Asian Competitors

Textile Insights April 30, 2024

Apparel exports from Bangladesh have witnessed a drop in both value and volume to the EU and the US in the first two months of 2024. While, China and Vietnam both reported single-digit growth in terms of value and volume of garment exports to the US, Bangladesh has recorded double-digit

Apparel, Fashion, Retail Economy

Bangladesh Seeks Duty Free Access For Garment Exports To US

Textile Insights April 22, 2024

Amongst various demands, the Bangladesh government has urged the US to provide quota free as well as duty free access to Bangladeshi apparels manufactured from US cotton. The demands were made at a US-Bangladesh TICFA Intercessional Meeting held at the office of the Bangladeshi Ministry of Commerce. While briefing journalists after the meeting, Senior Commerce […]

Export

Bangladesh Seeks To Expand Apparel & Jute Exports To Russia

Textile Insights April 12, 2024

Jahangir Kabir Nanak, the Bangladeshi Textiles and Jute Minister said his government wants to expand exports of apparels and jute-made products to Russia. “Russia can be a big export market for Bangladeshi garments as well as jute made products,” the minister said after a meeting with Russian Ambassador to Bangladesh, Alexander Mantytskiy. While addressing journalists […]

Export

Double Digit Growth for Bangladesh Garment Exports in March

Textile Insights April 10, 2024

Bangladeshi garment exports increased in double digits or by about 11 percent to reach US $4.34 billion in March 2024 compared to $3.89 billion a year ago, according to data of Export Promotion Bureau. Of this, knitwear exports saw 16.47 percent growth, reaching $2.42 billion compared to $2.07 billion in March 2023, while woven apparel […]

Export

Bangladeshi Apparel Exports To India Drop 23% In July-Feb

Textile Insights April 4, 2024

Bangladeshi exports of garments to India totalled US $580 million in the first eight months of fiscal ending June 2024, a massive decline of 22.99 percent as against $750 million in same period of earlier fiscal. Overall exports from Bangladesh to India fell to $1.27 billion between July 2023 and February 2024, down 16.59 percent […]

Export

Bangladesh Clothing Exports Increase 13.93% In February 2024

Textile Insights March 8, 2024

Bangladesh exported apparels totaling to US $4.49 billion in February 2024, increasing by 13.93 percent over a year ago period and also recorded one of the highest figure for any single month. In January 2024, garment exports had reached a record high for a single month and had amounted to $4.97 billion or close to […]

Export

Infusing $18bn To Help Bangla MMF Apparel Exports Touch $42bn

Textile Insights March 4, 2024

The Bangladesh garment industry has the potential to boost its non-cotton or manmade fibre (MMF) apparel exports to US $42 billion by 2032 at an additional investment of $18 billion. This was revealed in a study conducted by the Bangladesh Garment Manufacturers and Exporters Association (BGMEA) done by an Indian research firm Wazir Advisors. The […]

Export

Bangladesh Faces $27bn Apparel Export Hit From Extreme Weather

Textile Insights February 29, 2024

Bangladesh could lose a massive $27 billion in yearly apparel exports by 2030, if the country does not adopt a climate-adaptive approach due to high heat and floods. Around 2.5 lakh employees working in the garment sector are forecast to lose jobs due to climate-induced disruptions by 2030. This was the interpretation of a study […]

Export

Bangladesh Apparel Exports Script History In January 2024

Textile Insights February 20, 2024

Bangladesh apparel exports scripted history by recording the highest ever exports in a single month in January 2024. Garment overseas shipments totaled US $ 4.97 billion, pretty close to $5 billion mark and reported an increase of 12.45 percent over January 2023. Of overall exports of clothing in January, knitwear exports grew by 17.32 percent […]

Export

Stop Bangladesh Exports Via Delhi Air Cargo Complex: AEPC

Textile Insights February 17, 2024

The Apparel Export Promotion Council (AEPC) has appealed to the Indian government to suspend transshipment of Bangladesh export cargo to third countries via Delhi Air Cargo complex. Earlier, such transhipment of Bangladesh export cargo was allowed only via Kolkata Air Cargo Complex, AEPC said. The Central Board of Indirect Taxes and Customs (CBIC) had issued […]