Home / Knowledge / News / Apparel/Garments / Bangladesh's garment exports to new markets soar in FY'13
Bangladesh's garment exports to new markets soar in FY'13
Jul '13
The exports of readymade garments from Bangladesh to 11 non-traditional markets soared by 28.75 percent year-on-year during the just concluded financial year, according to the data from the Export Promotion Bureau.
Bangladesh’s apparel exports to the 11 countries—Brazil, Russia, India, China, South Africa, Turkey, Chile, Mexico, Australia, Japan and South Korea—increased to US$ 2.97 billion during the fiscal year ending June 30, 2013, compared to exports of US$ 2.3 billion made during the previous fiscal.
Of the total clothing exports to these 11 countries, knitwear exports grew by 30.66 percent year-on-year to US$ 1.49 billion, while woven product exports rose by 26.89 percent year-on-year to US$ 1.48 billion.
Among the non-traditional markets, Bangladesh’s garment exports to Russia registered the highest growth, followed by Chile, South Korea, Australia, and Japan.
Bangladesh garment makers started exploring new markets in 2007-08 due to economic slowdown in its traditional EU and the US markets.
Bangladesh’s garment exports during July-June 2012-13 period climbed by about 12.7 percent to US$ 21.515 billion over exports of US$ 19.089 billion made during the corresponding period of 2011-12.
In 2012-13, the top three export destinations for Bangladesh garments were Europe, which accounted for US$ 12.56 billion, followed by the US and Canada, which accounted for US$ 4.99 billion and US$ 980 million, respectively.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Abhishek Samdaria

GST will certainly reduce a lot of paperwork in future

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson

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

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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:
June 2017

June 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