Home / Knowledge / News / Apparel/Garments / Bangladesh's RMG exports grow 1.91% in July-Jan FY '15
Bangladesh's RMG exports grow 1.91% in July-Jan FY '15
06
Feb '15
The exports of readymade garments (RMG) from Bangladesh are growing at a slow but steady pace over the past two months, data from the Export Promotion Bureau shows.
 
In the first seven months of the ongoing fiscal year that commenced on 1 July, 2014, garment exports clocked US$ 14.444 billion, registering an increase of 1.91 per cent over exports of $14.173 billion during the corresponding period of the previous fiscal.
 
Category-wise, knitwear exports grew by 2.62 per cent to $7.177 billion during the July-January 2014-15, over exports of $6.994 billion made during the corresponding months of the previous fiscal, the data showed.
 
Likewise, exports of woven apparel increased by 1.22 per cent to $7.266 billion during the seven-month period, compared to exports of $7.178 billion during the same period of 2013-14.
 
Woven and knitted apparel and clothing accessories’ exports together accounted for around 81 per cent of $17.799 billion worth of total exports made by Bangladesh during the period under review.
 
In fiscal year 2013-14, Bangladesh’s clothing exports surged by 13.83 per cent to $24.491 billion, compared to exports of $21.515 billion made in 2012-13.
 
For fiscal year 2014-15, Bangladesh has set an export target of $13.215 billion for knitwear and $13.681 billion for woven garments.
 
US, Germany and the UK are top markets for Bangladeshi garments. (RKS)
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Dharmendra Shah
Ozone PB Spintex Limited

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

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Steve Cole
Xerium Technologies

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

Lynda Kelly
Suominen Corporation

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

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...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
January 2017

January 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