Category-wise, knitwear exports rose 12.50 per cent to $15.682 billion in the first eleven months of fiscal 2018-19, as against exports of $13.940 billion during the corresponding period of the previous fiscal, as per the data.
Likewise, exports of woven apparel increased 13.13 per cent to $16.051 billion during the period under review, compared to exports of $14.188 billion during July-May 2017-18.
Woven and knitted apparel and clothing accessories’ exports together accounted for 84 per cent of $37.750 billion worth of total exports made by Bangladesh during the July-May period.
In the last fiscal ending June 30, 2018, garment exports from Bangladesh crossed the $30-billion mark and surpassed the target by 1.51 per cent. For the current fiscal, the Government of Bangladesh has set readymade garments export target at $32.689 billion. (PC)
Fibre2Fashion News Desk – India