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 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Kerem Durdag
Biovation II LLC

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Rupa Sood and Sharan Apparao
Nayaab

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

Ritu Kumar
Label Ritu Kumar

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

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