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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Evelyne Cholet

‘France had a reputation of being big in new ideas, but poor in marketing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search