Home / Knowledge / News / Apparel/Garments / Woven garments top Bangladeshi apparel export earnings
Woven garments top Bangladeshi apparel export earnings
Aug '12
Outshining knitwear items, woven garments have grabbed the crown of being Bangladesh’s top export-earner during the just concluded fiscal year.
According to the Export Promotion Bureau data, the woven garment sub-sector earned US$ 9.6 billion in revenues during last fiscal, showing a year-on-year rise of 14 percent.
Since 2008, knitwear was Bangladesh’s top export earning item, however, it hardly managed to tap a 0.05 year-on-year export growth during last fiscal.
During 2010-11, while the knitwear sub-sector earned US$ 9.48 billion, woven garment sub-sector earned US$ 8.43 billion.
According to experts, the surge in Bangladesh’s woven garment exports during last fiscal is mainly attributable to introduction of the revised rules of origin (RoO) by European Union since January 2011.
The revised RoO allows clothing exporters to duty-free export their goods to the 27 EU nations, the world’s biggest apparel market, even if the garments are produced using imported fabrics and raw-materials.
Previously, garment makers had to source their fabric requirements from Bangladeshi textile mills to avail the zero-duty benefit in the EU.
In fiscal 2011-12, woven and knitwear garment segments together fetched US$ 19.10 billion to the country’s exchequer.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harsh Shah

Fynd is the central online shopping destination for fashion, offering...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Madhu Jain
Madhu Jain

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

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search