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

Textiles | On 28th Apr 2017

Fix 5% GST rate for textile goods: Textile bodies

Uniform levy of 5 per cent Goods and Services Tax (GST) on all...

Textiles | On 28th Apr 2017

India lifts CVD imposed on Nepali Jute goods

The countervailing duty (CVD) that was imposed on Nepali jute...

Courtesy: Williamsburg Garment Company

Fashion | On 28th Apr 2017

'We have grown by staying small & maximising efforts'

The easiest way to go out of business is to be too big or expand too...

Interviews View All

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Deepak Jain

We are using Facebook and Instagram to promote ourselves

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Marten Alkhagen
Swerea IVF AB

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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


news category

Related Categories:
April 2017

April 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