Home / Knowledge / News / Apparel/Garments / Turkish duties hurt Bangladeshi apparel exports
Turkish duties hurt Bangladeshi apparel exports
25
Oct '12
A sharp fall has been witnessed in Bangladesh’s apparel exports to Turkey during the first quarter of the current Bangladeshi fiscal that began on July 1, 2012.
 
Apparel exports from Bangladesh to Turkey during the review period dipped by 9.21 percent to US$ 90.72 million, mainly because of the protective measures introduced by Turkey.
 
Looking to safeguard domestic apparel producers, in March 2011, Turkey subjected all apparel imports from least developed countries (LDCs), including Bangladesh, to a 17 percent safeguard duty. It also increased the duty on apparels imports from developing countries to 27 percent and those from other countries to 30 percent.
 
Registering a year-on-year fall of over 13 percent, Bangladesh’s knitwear exports to Turkey dropped to US$ 37.30 million during first quarter of current fiscal, while woven exports for the period fell by 6.13 percent to US$ 53.42 percent.
 
During 2010-11, Bangladesh’s knitwear and woven items exports to Turkey climbed to SU$ 518.32 million, a whopping 69.24 rise over 2009-10’s exports of US$ 306.27 million.
 
However, as the new tariffs became applicable from July 21, 2011, it started impacting Bangladesh’s export proceeds and the country’s overall earnings from apparel exports to Turkey for 2011-12 came to US$ 355.93 million.
 

Fibre2fashion News Desk - India


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

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

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Priyanka
Studio Priyanka Rajiv

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

Larry L Kinn
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Ritu Kumar
Label Ritu Kumar

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

Madhu Jain
Madhu Jain

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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:
July 2017

July 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