Home / Knowledge / News / Apparel/Garments / Bangladesh RMG exports post modest growth in July-Aug
Bangladesh RMG exports post modest growth in July-Aug
13
Sep '12
The exports of readymade garments (RMG) from Bangladesh registered a modest growth of 4.6 percent year-on-year, during the first two months of the current Bangladeshi fiscal year that began on July 1, 2012.
 
During the two-month period, RMG exports from Bangladesh fetched US$ 3.996 billion, with woven garments contributing a share of US$ 1.99 billion and knitwear exports accounting for the remaining US$ 2.006 billion.
 
Experts attribute the modest growth in clothing exports to a rebound in apparel orders from the US, which offset the declining exports to EU.
 
Woven garment exports rose by 13.34 percent during the first two months of 2012-13 to US$ 1.99 billion, compared to exports worth US$ 1.75 billion achieved during the corresponding period of last fiscal.
 
However, knitwear exports declined by 2.67 percent year-on-year to US$ 2.006 billion during July-August 2012 period.
 
During the period under review, Bangladesh’s home textiles exports grew at 26.67 percent year-on-year to US$ 164.01 million, while exports of specialized textiles, including terry towels, declined by 8.37 percent year-on-year to US$ 22.65 million. 
 
In recent months, Bangladesh’s clothing exports have received a major boost due to a shift in orders from China to the South Asian country.
 
Moreover, the Government of Bangladesh is putting in efforts to help garment manufacturers promote their products in new markets like Brazil, Russia, India, China, South Africa and Japan.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Mar 2017

India may impose duty on elastomeric filament yarn

The Government of India is likely to impose anti-dumping duty on...

Courtesy: Lee Cooper

Apparel/Garments | On 28th Mar 2017

CCI clears FLFL proposal to divest Lee Cooper

The Competition Commission (CCI) of India has approved the proposal...

Textiles | On 28th Mar 2017

Bardoli CEFC to benefit south Gujarat MSMEs

India’s first common engineering facility centre (CEFC) at Bardoli,...

Interviews View All

Deepak Jain
Baggout

We are using Facebook and Instagram to promote ourselves

Priyanka
Studio Priyanka Rajiv

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

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Robert Brunner
Devereux

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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