Home / Knowledge / News / Apparel/Garments / Bangladesh sees Malaysia as potential RMG export market
Bangladesh sees Malaysia as potential RMG export market
Jul '12
Mr. Syed Nurul Islam
Mr. Syed Nurul Islam
Bangladesh is eyeing Malaysia as a potential market for its readymade garment (RMG) exports during the coming years.
The Bangladesh-Malaysia Chamber of Commerce and Industry (BMCCI) recently organized ‘Showcase Bangladesh 2012’ with an aim to promote Bangladeshi products and services, especially RMG, in Malaysia.
Speaking to fibre2fashion, Mr. Syed Nurul Islam, President of BMCCI, said, “Through Showcase Bangladesh, we were able to uphold the image of Bangladesh as the second largest readymade garment (RMG) manufacturing country in the world.”
Revealing about the response at Showcase Bangladesh, Mr. Islam states, “The event was really a great experience. It was visited by over 500 people from different sectors. One Bangladeshi garment manufacturer signed MoU with a Malaysian buyer for supplying substantial quantities of RMG.”
Mr. Islam, who is also the Chairman and CEO of Well Group, a leading RMG exporting company in Bangladesh, said, “Malaysia is one of the high economic growth countries in Asia having per capita income of over US$ 9000. Moreover, Malaysia is also a top tourist destination attracting more than 2.5 million tourists every year.”
“Malaysia is a market of over 5o million high income buyers, which makes it a potential market for Bangladeshi garments,” he adds.
The apparel market in Malaysia is estimated to be worth about US$ 2 billion. Most of the country’s clothing imports are currently from China and Indonesia.
The share of Bangladeshi garments is currently less despite the fact that almost all categories of Bangladeshi apparels get duty-free access to Malaysia, owing to Bangladesh’s least developed country status.
In fiscal year 2010-11, Bangladesh’s total exports to Malaysia were worth only US$ 43.87 million compared to its imports worth US$ 1.76 billion. Hence, the increase in Bangladeshi apparel exports would also contribute in reducing Bangladesh’s trade gap with Malaysia.

Fibre2fashion News Desk - India

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

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

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kerem Durdag
Biovation II LLC

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search