Category-wise, knitwear exports rose 10.18 per cent to $3.746 billion in first quarter of fiscal 2017-18, as against exports of $3.400 billion during the corresponding quarter of the previous fiscal, as per the data. Germany was the largest importer accounting for $806.149 million of all knitwear exported from Bangladesh, followed by the United Kingdom with imports of goods valued at $529.346 million.
Likewise, exports of woven apparel increased 4.04 per cent to $3.397 billion during the period under review, compared to exports of $3.265 billion during July-September 2016. The US was the largest importer with $938.852 million worth of woven clothing supplied by Bangladesh. Germany and the United Kingdom procured woven apparel valued at $486.939 million and $432.927 million, respectively.
Woven and knitted apparel and clothing accessories’ exports together accounted for 82.46 per cent of $8.662 billion worth of total exports made by Bangladesh during the three-month period.
In the previous fiscal that ended on June 30, 2017, garment exports from Bangladesh had increased 0.2 per cent year-on-year to $28.149 billion. The South Asian country has set the target of achieving $30.160 billion during the current financial year. (RKS)
Fibre2Fashion News Desk – India