Home / Knowledge / News / Apparel/Garments / Garment exports post growth in March
Garment exports post growth in March
May '10
As per Export Promotion Bureau (EPB) reports, overseas sales of garments in March, increased by 18.38 percent, as compared to the same period last year. This indicates that, the overall garment exports are moving away from negative trends.

The total overseas sales of textiles, during the July-March period, fell by only 0.8 percent as compared to the corresponding period last year. In February alone, garment exports grew by 8 percent.

As per Fazlul Hoque, President, Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA), in March this year, knitwear exports increased by 15 percent and exports of woven items grew by 13 percent; when corresponded with the same period last year.

Although it is cited that, increase in yarn prices in the global and domestic markets will affect the growth in exports, but this crisis can be averted if the government immediately implements the second revival fund package for the textile sector.

However, Bangladesh is concerned with its competitors such as Pakistan, wherein knitwear exports increased by 20 percent and Vietnam, whose export figures grew by more than 15 percent.

Further more, as per reports, overseas sales in March 2010 amounted to $1.52 billion, an increase by 2.28 percent from figures of the same month last year, which had amounted to $1.28 billion.

But in the initial nine months of 2009-10, Bangladesh exported products amounting to $11.541 billion, which is less, when compared to the same period in the previous fiscal, when it stood at $11.634 billion.

Although, single month garment exports have risen considerably, but meeting targets is yet a distant dream. During the July-March period, exports of knitwear products declined by 3.64 percent from their set target figures. Similar was the case of woven goods that stood 3.04 percent behind its target, said, Abdus Salam Murshedy, President, Bangladesh Garment Manufacturers and Exporters Association (BGMEA).

Murshedy feels that, the sudden increase in raw cotton and yarn prices will pose a threat for the country's clothing industry to achieve its target, as producers will be unable to provide apparel goods at lower prices to US and Europe.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Amrit Sethia

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

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

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...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

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

Pranav Mishra

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

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

January 2017

January 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search