Export

Bangladesh Apparel Exports Up 3.45% Between July & January

Textile Insights February 8, 2024

In the first seven months of fiscal ending June 30, 2024, Bangladeshi apparel exports rose 3.45 per cent from US $27.41 billion in the comparable period of previous fiscal to $28.36 billion. Among these, exports of knitwear were $16.17 billion between July and January, up 8.15 percent and woven

Export

Bangladesh Garment Exporters In Crisis On Reduction Of Subsidies

Textile Insights February 5, 2024

Bangladesh apparel exporters are facing a crisis over the government’s decision to withdraw cash subsidies for five clothing products, which make up for 55 percent of the sector’s exports. Along with the garment industry, the Bangladesh government had reduced incentives for other export sectors ahead of the country’s scheduled withdrawal from least developed country (LDC)

Export

Bangladesh MMF Apparel Exports Can Be Doubled By 2025: Study

Textile Insights February 2, 2024

A Bangladesh study has found that if challenges faced by industry are resolved, exports of the country’s manmade fibre (MMF) apparels can double to US $19 billion by 2025 from the present $8.5 billion. The Economic Relations Division (ERD) study was done based on the present worldwide market share and export forecast of 20 types […]

Export

Between 2018 & 2023 Bangladesh apparel exports surge 43.9%

Textile Insights January 23, 2024

In the six year period between 2018 and 2023, Bangladesh apparel exports surged from US $32.93 billion in 2018 to $47.39 billion in 2023, posting a significant growth of 43.91 percent in the six years. “Overseas shipments of Bangladesh garments grew to $33.07 billion in 2019, but due to the start of the pandemic, these […]

Export

Bangladeshi Tops In Global Apparel Exports By Volume To UK

Textile Insights January 11, 2024

In the first 10 months of 2023, Bangladesh has retained its position as the top exporter of apparels and accessories to the UK market in terms of volume. Data from Bangladesh Garment Manufacturers and Exporters Association (BGMEA) said that Bangladesh shipped 178.39 million kg of apparels to the UK compared to 159.25 million kg exported […]

Export

Textile & Clothing Exports From Bangladesh Rise 3.67% In 2023

Textile Insights January 3, 2024

Textile and apparel exports from Bangladesh amounted to US $47.3 billion in 2023, growing by 3.67 percent or $1.68 billion over its previous year. Of these, exports of home textiles stood at $1.09 billion, while those of knitwear and woven clothing exports reached $46.99 billion. “The rise in garment exports was driven by a 7.47 […]