Home / Knowledge / News / Apparel/Garments / Bangladesh surpasses India in apparel exports
Bangladesh surpasses India in apparel exports
07
Jul '10
A study conducted by the Federation of Indian Chambers of Commerce and Industry (FICCI) revealed that, during slowing demand, countries such as Bangladesh and Vietnam showed speedy recovery in textile exports as compared to India.

In the year 2009, textile and garment exports from India to US was reduced by over 10 percent, which was much deeper than the export plunge experienced by nations like Bangladesh, China, Vietnam and Indonesia, revealed the study.

Due to such a progression, Vietnam would acquire the position next to India in contribution to exports to the US, while other nations are gradually coming forward. Market share of India in US imports of textiles and clothing increased to 5.9 percent from 5.73 percent, during 2008-09.

While in case of Vietnam, market share has soared up from 5.53 percent to 6.2 percent. Bangladesh's yearly textile and garment exports to US stood at 11.5 percent in the past five years, and India's exports reached to 4.2 percent in the same number of years, as per FICCI.

Shipments of garments from Bangladesh to Europe grew by 3.6 percent in 2009 against 2008. While exports from India, China and Turkey were low, this widened the gap of market share, between Bangladesh and India.

US and EU markets account for over 60 percent of the Indian textile and clothing exports, and therefore, they are the key markets for these exports of India.

Fibre2Fashion News Desk - India

Must ReadView All

Textiles | On 25th Apr 2017

Greater Manchester is high on its textiles industry

Greater Manchester is witnessing a boom in textiles industry with 77...

Apparel/Garments | On 25th Apr 2017

Indian trade leaders to discuss GST, digital payments

Trade leaders from various Indian states will meet in New Delhi to...

Apparel/Garments | On 25th Apr 2017

Foreign buyers paying less for green factory apparel

International buyers are not paying enough for apparel and garments...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Ashok Desai
Bombay Textile Research Association

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Karan Arora
Karan Arora

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Silvia Venturini Fendi
Fendi s.r.l

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


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