Home / Knowledge / News / Apparel/Garments / Apparel exports to soar further
Apparel exports to soar further
22
Feb '11
Garment exports from Bangladesh are certain to rise in the near future, as the garment producers in the country have already booked higher number of orders than earlier.

A majority of the garment firms are already having orders to keep them busy for next several months. This is mainly attributable to the shift of several global buyers from China, the world's biggest apparel sourcing destination, to Bangladesh.

Also, the relaxation granted by the European Union in its Rules of Origin (RoO) under the generalised system of preferences too is likely to boost the apparel exports from Bangladesh.

Furthermore, the country has even emerged with some high-end products to source some new markets like that of Japan.

As per the government statistics, the country's knitwear exports grew by some 43.22 percent during the initial seven months of the current financial year that started from July 1, 2010, to $5.07 billion, over the corresponding period during the last fiscal. Also, a rise of 39.09 percent was noted in its garment exports which grew to $4.38 billion, during the period under consideration.

The industry experts believe that, this trend of rise in the garment exports is likely to continue in the coming few months also, as with China's rising production cost, global buyers are now shifting to Bangladesh in higher number.

Also, many of the garment producers are now working on capacity expansion, with higher number of global buyers coming to the country with sizeable orders.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Applied DNA Sciences

Apparel/Garments | On 24th Feb 2017

SigNatureT DNA can help prevent apparel counterfeiting

SigNatureT DNA is forensic molecular tag by Applied DNA Sciences...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Marcel Alberts
Eurofibers

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

Eamonn Tighe
Nature Works LLC

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

Johan Berlin
InvestKonsult Sweden AB

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

Judy Frater
Somaiya Kala Vidya

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


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