Home / Knowledge / News / Apparel/Garments / Huge scope for Bangladesh RMG to tap Chinese market
Huge scope for Bangladesh RMG to tap Chinese market
17
Sep '12
There is immense potential for Bangladeshi readymade garment (RMG) industry to increase its exports to China.
 
The possibilities of increasing Bangladeshi garment exports to China were discussed during a recent visit of a Chinese delegation, led by China National Garment Association (CNGA), to Bangladesh.
 
Chinese garment entrepreneurs said their industry is moving towards manufacturing of high-end clothing, due to increase in production costs. 
 
As a result, basic clothing produced in Bangladesh has started pouring into the Chinese market. In 2008-09, Bangladesh did not export any apparel to China and in 2011-12, Bangladesh’s RMG exports to China rose to US$ 102 million.
 
Further, since 2010, China has allowed 4,721 items, mostly clothing items, to enter duty-free into China, which greatly boosts Bangladeshi apparel exports to China.
 
Bangladesh RMG exporters now see China, with its 1.3 billion population, as a potential export market.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 25th May 2017

Huntsman and Clariant to have merger of equals

Huntsman Corporation and Clariant have announced that their boards of ...

Courtesy: CBRE

Apparel/Garments | On 25th May 2017

European cities preferred for retailer expansion: CBRE

European cities were the preferred new destination for international...

Apparel/Garments | On 25th May 2017

Guess records $458.6 million revenue for Q1 2018

For the first quarter of fiscal 2018, the net revenue of American...

Interviews View All

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Kerem Durdag
Biovation II LLC

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

Kevin Nelson
TissueGen

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

Eamonn Tighe
Nature Works LLC

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Pranav Mishra
Huemn

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

Judy Frater
Somaiya Kala Vidya

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search