Home / Knowledge / News / Apparel/Garments / Garment exports from Bangladesh rise; India slips

Garment exports from Bangladesh rise; India slips

25
Dec '12
Readymade garment exports from Bangladesh have risen while apparel exports from India continue to show downward trend.
 
The exports of garments from Bangladesh rose by 8.8 percent year-on-year to US$ 1.36 billion in November 2012, according to the data released by the Export Promotion Bureau (EPB). Of these, woven garment exports fetched US$ 710.04 million, while knitwear earned US$ 653.96 million.
 
Bangladesh posted positive growth in its garment exports in spite of the ongoing debt crisis in several European nations, the traditional buyers of Bangladeshi clothing items.
 
In the first four months of the current Bangladeshi fiscal 2012-13, woven and knit apparel exports have increased by 16 percent year-on-year to over US$ 6.6 billion.
 
In comparison, India’s apparel exports declined by 0.75 percent year-on-year to US$ 907 million in October 2012, figures for which are available, according to the Apparel Export Promotion Council (AEPC).
 
India’s garment exports during the first seven months of the current Indian fiscal year 2012-13 too declined by 9.1 percent year-on-year to reach SU$ 7.133 billion.
 
AEPC attributed the decline in exports to economic crisis in Western Europe, US and Canada, in addition to stiff competition from Bangladesh and Vietnam in US market and from Turkey in EU market.
 

Fibre2fashion News Desk - India


Must ReadView All

UK international trade secretary Liz Truss (left) and Japan’s foreign minister Motegi Toshimitsu signing the UK–Japan CEPA. Pic: Gov.UK

Textiles | On 23rd Oct 2020

UK, Japan sign economic partnership agreement

The UK and Japan today officially signed the Comprehensive Economic...

Pic: Shutterstock

Textiles | On 23rd Oct 2020

Design EPRs to back circularity in textile sector: EURATEX

Extended producer responsibility (EPR), which aims at ensuring...

Pic: Shutterstock

Retail | On 23rd Oct 2020

ABG & AR Holdings to grow Forever 21 in Latin America

Authentic Brands Group (ABG) and AR Holdings, a leading retail...

Interviews View All

Priyanka, Studio Priyanka Rajiv

Priyanka
Studio Priyanka Rajiv

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

Marazban F Velati, Sutlej Textiles & Industries limited

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Dinaz Madhukar, DLF Emporio and DLF Promenade

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Ismail Ajani,

Ismail Ajani

Hollywood Footwear’s story began in 1946 when Jummabhai Ajani started the...

Yariv Bustan,

Yariv Bustan

Founded in Israel in 2015, Twine Solutions is a tech start-up that has...

Mehul Vithalani,

Mehul Vithalani

Gopi Knitts is one of the most celebrated manufacturers and suppliers of...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Kevin Nelson, TissueGen

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silvia Venturini Fendi, Fendi s.r.l

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Hemant & Nandita, Hemant & Nandita

Hemant & Nandita
Hemant & Nandita

The designer duo of Hemant & Nandita are known for being inspired by...

Sneha Arora, Label Sneha Arora

Sneha Arora
Label Sneha Arora

Sneha Arora, an alumnus of National Institute of Fashion Technology,...

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


October 2020

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


Advanced Search