Home / Knowledge / News / Apparel/Garments / Bangladesh beats India in apparel export ranking
Bangladesh beats India in apparel export ranking
Jan '10
In the world ranking of apparel exports during first nine months of 2009, Bangladesh has surpassed India, which has lost one rank in apparel exports to Bangladesh during this period and slipped down to No. 6 from No. 5. Bangladesh was on the same rank as India at No. 5 in the year 2008.

As per a survey undertaken by the Bangladesh textile industry, the country has overtaken India in apparel exports to the US by exporting apparel goods valued at US$ 2.66 billion, against India's export of $ 2.27 billion in first nine months of 2009.

The survey revealed that in 2009, the export volume of India plummeted by 80 percent on account of two major reasons, global meltdown and rising competition from Bangladesh, Vietnam and Sri Lanka.

According to the figures of World Trade Organization (WTO), in the year 2008 both the countries were enjoying similar position at No. 5 and stood among top 10 apparel exporters, with the likewise figures of $10.90 billion in apparel exports.

It was difficult for Indian exporters to provide goods at low rates to the buyers, who were looking for cheaper deals during economic slowdown, owing to the rising costs of raw material and electricity, as per the survey. Besides, increasing cotton prices is one of the key reasons for fall in India's ranking against Bangladesh, said an expert.

Competitors of India such as Bangladesh, Pakistan, Vietnam and Sri Lanka are taking advantage of this situation. Apart from this, Bangladesh receives duty preferential treatment from WTO and it has duty-free access as it is classified as Least Developed Country (LCD), added the expert.

Against this, India has to pay 40 percent duty while exporting goods to the European markets. The survey also revealed that exporting goods from Bangladesh is more profitable than from India.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Steve Cole
Xerium Technologies

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Pranav Mishra

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
April 2017

April 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