Home / Knowledge / News / Apparel/Garments / Turkey's apparel imports from Bangladesh to decline

Turkey's apparel imports from Bangladesh to decline

30
Mar '12
Readymade garment (RMG) exports from Bangladesh to Turkey are likely to witness a sharp decline of nearly 50 percent year-on-year, if Turkey continues to levy 17 percent safeguard duty on apparel imports from Bangladesh, according to experts.

Since September last year, Turkey has imposed safeguard duty on imports of clothing items from least developed countries (LDCs), including Bangladesh, to protect its domestic parallel industries.

Turkey's knitwear sector produces enough goods to meet the domestic demand. The country is also a leading apparel exporter to the US. However, the RMG products exported by Bangladesh to Turkey fall under HS codes 61 and 62, which are low cost items in Turkish market and are not produced in the Eurasian country, experts note.

Since Bangladeshi garment items do not fall under any category for which Turkey needs to protect its domestic market, there should not be any reason for Turkey to continue levying of safeguard duty on Bangladeshi apparel imports, experts add.

They opine that the continuation of safeguard duty by Turkey would result in around 50 percent decrease in Bangladeshi clothing item exports to Turkey.

Fibre2fashion News Desk - India


Must ReadView All

Pic: Shutterstock

Textiles | On 18th Feb 2020

Turkey, Pak want to raise bilateral trade volume to $5 bn

Turkey and Pakistan want to raise bilateral commercial and economic...

Pic: Shutterstock

Apparel/Garments | On 18th Feb 2020

Bangladesh RMG exporters expect order shift from Cambodia

Bangladesh's readymade garment (RMG) exporters feel the suspension of ...

Pic: Shutterstock

Textiles | On 18th Feb 2020

IMF says Indian economic environment weaker than projected

There is an urgent need for more ambitious structural and financial...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal, Madhuram Fincap Pvt Ltd

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Arvind Saraf, Triveni Sarees

Arvind Saraf
Triveni Sarees

e-Commerce is still evolving fast with constant flux and surprises

Karin Ekberg, Leadership & Sustainability

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Anupam Arya,

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Will Qian,

Will Qian

Honghua Digital Technology Stock Co., Ltd. specialises in the R&amp;D,...

Oliver Schmitz,

Oliver Schmitz

Germany-based Gmöhling is a leading manufacturer of aluminium containers...

Justin Gutierrez, INDA

Justin Gutierrez
INDA

The Association of the Nonwoven Fabrics Industry (INDA) has created a new...

Ray Baughman, University of Texas -Dallas

Ray Baughman
University of Texas -Dallas

<div>A team of scientists and researchers have discovered twistrons,...

Pranesh Sridharan & Berndt Koll, Lenzing

Pranesh Sridharan & Berndt Koll
Lenzing

The Lenzing Group produces Lenzing Lyocell and Modal cellulosic fibres of...

Ruma Devi, Gramin Vikas Evam Chetna Sansthan

Ruma Devi
Gramin Vikas Evam Chetna Sansthan

Ruma Devi is a jet-setting promoter of artisans who has empowered...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

<b>Joe Ikareth</b> has a rock-solid fashion and textiles background, which ...

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

Leave your Comments


February 2020

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


Advanced Search