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
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
Bangladesh has become the largest exporter of apparels made from cotton to the UK in 2021, and is followed by China in second place. Shipments of exports of cotton clothing to UK from the South Asian country reached $1.95 billion in 2021, thereby gaining a market share of 21.9 percent, which is double the market […]
Australia becomes the third country after the UK and Canada, which will continue to offer duty free status to Bangladeshi garment exports after the country graduates from its least developed country (LDC) status in 2026. This assurance was provided by an official of the Australian government’s Department of Foreign Affairs and Trade, during a recent […]
The Central Bank of Bangladesh informed that value addition from garment exports increased 11.5 percentage points in fiscal 2023 over fiscal 2022. A report titled ‘Quarterly Report on RMG’ released by Bangladesh Bank said the value addition in the apparel export industry rose from 54.38 percent in fiscal 2022 to 65.97 percent in fiscal 2023. […]