Home / Knowledge / News / Apparel/Garments / Bangladesh's apparel export for Jan witnesses hike
Bangladesh's apparel export for Jan witnesses hike
10
Feb '11
Owing to vigorous rise in the apparel sales, the Bangladesh's exports for January registered a rise of 34.3 percent and grew to $1.92 billion.

Exports for the initial seven months of the 2010-11 financial year that commenced on July 1, 2010, portrayed a rise of 40 percent as over the corresponding period of last fiscal year and stood at $12.18 billion, thus superseding the set target by 18.56 percent.

Meanwhile, the revenues from knitted textiles during the period under consideration went up by 43 percent to $5.07 billion as over 2009-10, while revenues from woven garments grew by 39 percent to $4.4 billion.

Apparels constitute around 80 percent of the country's exports. Further that, the country is now drawing higher number of orders from major markets of Europe and the US, as well from the emerging markets like Japan, South Africa and Turkey.

Cheap availability of labour has helped Bangladesh to be a part of the global supply chain for textiles and clothing for low-end segments.

As the global economy has revived, the Bangladeshi government is hopeful regarding its exports surpassing the target of $18.5 billion set for the current financial year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Johan Berlin
InvestKonsult Sweden AB

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

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Karan Arora
Karan Arora

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

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search