After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive growth, according to the government data.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
In July-August 2015, Bangladesh earned $4.485 billion in garment exports, showing an increase of 5.98 per cent compared to exports of $4.231 billion made in the corresponding months of the previous fiscal, Export Promotion Bureau data showed.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
The increase in the value of garment exports was greater than the 4.71 per cent growth shown in overall exports by Bangladesh during the two-month period. Factories operating normally after the end of the Eid-ul-Fitr holiday season is one of the reasons for the uptrend in exports.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
Category-wise, knitwear exports rose 2.37 per cent to $2.258 billion in the first two months of fiscal 2015-16, as against exports of $2.206 billion during the same months of the previous fiscal, as per the data.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
Likewise, exports of woven apparel increased by 9.93 per cent to $2.226 billion during the period, compared to exports of $2.025 billion during July-August 2014.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
Woven and knitted apparel and clothing accessories’ exports together accounted for 83.29 per cent of $5.384 billion worth of total exports made by Bangladesh during the period under review.
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
In the previous fiscal that ended on June 30, 2015, garment exports earned $25.491 billion for Bangladesh, showing an increase of 4.08 per cent over $24.491 billion exports made in 2013-14. Of this, knitwear accounted for $12.426 billion while woven apparel constituted $13.064 billion. (RKS)
After registering a double-digit decline in the first month of financial year 2015-16, garment exports from Bangladesh have swung back to positive #
Fibre2Fashion News Desk – India