Home / Knowledge / News / Apparel/Garments / Bangladesh garment exports post sluggish growth
Bangladesh garment exports post sluggish growth
Jun '12


Apparel exports from Bangladesh have registered a sluggish 7 percent year-on-year growth during the first eleven months of the current Bangladeshi fiscal that began on July 1, 2011, according to the latest data.
Bangladesh exported apparels worth US$ 21.98 billion during July-May period of fiscal 2011-12. 
Woven garment exports from the country grossed US$ 8.70 billion during the eleven-month period, showing a 15.73 percent year-on-year growth, compared to about 40.52 percent rise in woven apparel exports registered during the same period of fiscal 2010-11.
Showing a meager 1.5 percent rise, exports of knitwear products from Bangladesh earned US$ 8.57 billion during the period under review. Knitwear exports grew by around 47 percent during the corresponding period of the previous fiscal.
Apparel producers attribute the decrease in export growth rate to financial crisis in Western countries, as majority of their shipments were destined to these countries.
They add that the gas and electricity crisis also partially contributed to the slow growth, as manufacturers were unable to make full use of their production capacity owing to energy shortages, which caused delay or cancellation of shipments.
According to BGMEA, the lower price of raw materials needed for the apparel industry led to a decrease in unit price of garments, which was also responsible for reduced export earnings.

Fibre2fashion Newsdesk - India

Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search