Home / Knowledge / News / Apparel/Garments / Bangladeshi clothing imports witness stunning growth
Bangladeshi clothing imports witness stunning growth
01
Feb '10
In the US $26.5 billion Japanese clothing and accessories market and which is the third biggest importer after US and EU, the Bangladeshi apparel exporters have seized a higher market share of this lucrative market and now stand next, only to China and Vietnam.

In the process it has beaten its Asian competitors like India, Indonesia and Myanmar. Shipments from the sector to Japan grew by a breathtaking 140 percent from $52 million in 2008 to $125 million in 2009, that too in a year of acute slowdown.

The Japanese rush to source apparels from Bangladesh began after Japanese retail giant Uniqlo opened a sourcing office in Dhaka, prompting many other Japanese apparel and accessories retailers to set their sights on Bangladesh.

China has a near 80 percent share in the $26.5 billion Japanese clothing market with other countries like Vietnam, Bangladesh, India, Indonesia and Thailand holding miniscule markets shares compared to the Chinese garment exporters.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Luke Otten
Wigwam Mills Inc

Wigwam aims to recycle discarded yarn that doesn’t make it through the...

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Nitin Bhatia
Trend Arrest

Setting up a brand for online selling is easy, but running the brand is not

Paolo Ocleppo
Sandvik Hyperion

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

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 ...

Igor Chapurin
Chapurin

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

Silvia Venturini Fendi
Fendi s.r.l

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

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

July 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X