Export

Bangladesh Clothing Overseas Shipments Drop 6.05% In November

Textile Insights December 5, 2023

Bangladeshi apparel exports fell to US $4.78 billion in November 2023, decreasing by 6.05 percent year on year and garment shipments were the highest in the month, since the fiscal began in July 2023. “Exports of clothing dropped to $22.3 billion in the five months to November of fiscal 2024,

Export

Bangla Apparel Exports To India Down 12.8% In July-Oct

Textile Insights November 21, 2023

In the first four months of fiscal 2024 ending October 2023, Bangladesh garment exports to India dropped to US $346.34 million, down 12.80 percent compared with same period of earlier fiscal. Experts have raised concerns over apparel exports falling in the reporting period to the neighbouring country, which has a big population. “But they also […]

Export

Bangladesh Garment Exports Script Turnaround Between July-Oct

Textile Insights November 11, 2023

In the July to October period, Bangladesh clothing exports totaled US $14.78 billion, up from $13.95 billion in the comparable months of earlier fiscal, indicating a growth of 5.59 percent. Bangladesh garment exports in October 2023 dropped 13.93 percent to $3.17 billion from $3.68 billion in October 2023. The labor unrest, which started around the […]

Export

TEA Tells Centre To Restrict Bangladesh Garments Imports

Textile Insights October 23, 2023

A Tirupur garment exporter’s association has sought the intervention of the centre to restrict the ever increasing import of knitted fabrics and garments from Bangladesh. Both fabrics and garments are imported from Bangladesh into India without paying any customs duty under a free trade agreement (FTA) signed between both countries. “It’s the local manufacturers who

Export

Jan To Sept Bangla Garment Exports Down To US But Up To EU

Textile Insights October 20, 2023

In the nine months to September 2023, exports of apparels to the EU rose 6.40 percent from a year ago period to $17.52 billion, but clothing exports to the US fell to $6.30 billion, down 7.18 percent. Clothing shipments to Canada increased 6.27 percent to $1.12 billion, while those to the UK climbed in double […]

Export

Bangladesh Garment Exports Rise 13% in Q1FY’24

Textile Insights October 9, 2023

Bangladesh garment exports rose 13.07 percent year on year in the first fiscal quarter ending September 30, 2023 and totaled to US $11.61 billion. Of overall apparel exports between July and September, knitwear shipments reached $6.76 billion, a rise of 19.70 percent year-over-year, while woven garment exports grew slower at $4.85 billion, up 4.97 percent. […]

Export

Bangla Clothing Exports Up 13.07% In Q1FY’24

Textile Insights October 2, 2023

Bangladesh apparel exports increased to $11.61 billion in the first quarter of fiscal 2023-24, up 13.07 percent over $10.27 billion recorded in the comparable quarter of fiscal 2022-23. Data from the Export Promotion Bureau revealed that of overall garment exports, knitwear exports expanded 19.70 percent year on year to $6.76 billion in the July to […]

Export

US Will Consider Duty Free Access for Bangladesh Garments

Textile Insights September 29, 2023

At the seventh US-Bangladesh Trade Investment Cooperation Forum Agreement (TICFA) meeting held in Dhaka, the US said it will consider including Bangladesh’s garment exports in a new GSP programme. Apparel products included in the programme will have duty-free access to the US market as against 15 percent duty currently paid by Bangladeshi clothing exporters. The […]

Export

Innovation Key To Achieve $100bn Bangla Garment Export Target

Textile Insights September 18, 2023

At a seminar, Bangladesh garment industry and exporters and experts were of the opinion that innovation was the key to Bangladesh apparel exports touching the $100 billion mark by 2030. The Textile Today Innovation Hub and CEMS-Global jointly organised the seminar which was held concurrently with the 22nd Textech Bangladesh 2023 International Expo which was […]

Export

Bangladesh Garment Exports Inch Up 4.92% In August

Textile Insights September 6, 2023

Bangladesh garment exports inched up 4.92 percent in August to US $3.93 billion, up from $3.74 billion in the same month of earlier fiscal. In the first two months of the current fiscal ending June 30, 2024, apparel shipments reached $7.88 billion, a growth of 12.46 percent over comparable months of the previous fiscal “In […]