Home / Knowledge / News / Textiles / Bangla Tariff Commission fears grave impact on China trade

Bangla Tariff Commission fears grave impact on China trade

Feb '20
Pic: Shutterstock
Pic: Shutterstock
The impact of the coronavirus outbreak on Bangladesh-China trade is already visible and may seriously affect it in the long run, according to the Bangladesh Trade and Tariff Commission, which recently forwarded a preliminary report on the epidemic to the commerce ministry. Bangladesh's major export sectors have already been affected, its report said.

The commission said nearly 60 per cent fabrics of the wovens sub-sector are being imported from China and the negative impact of the epidemic on this sector is already apparent.

It said some 15 to 20 per cent raw materials and 80 to 85 per cent dyeing chemicals and accessories of knitwear sector comes from China. The supply chain of these items is already facing disruption.

The commission said some 60 to 65 per cent of country's total finished leather and leather goods is being exported to China and this sector may incur a loss worth Tk 30 billion due to the coronavirus outbreak.

Around 40 per cent of raw material of garment accessories and packaging manufacturing industry worth $1.6 billion is being imported from China every year. Due to supply chain disruptions, players in this sector fear a loss worth Tk 15 billion, the commission said in its report.

The commission is now calculating the possible loss from the shipment suspension due to the coronavirus epidemic, according to a Bangladesh newspaper.

Bangladeshi jute spinners export goods worth $5.32 billion annually to China that now remain suspended, the commission said.

The annual import of raw materials for the printing industry from China stands at $1.8 billion. The sector’s loss may reach up to $3.6 billion. China is a top sourcing partner for Bangladesh with annual import of $13.85 billion while export to the country is around $831 million.

Fibre2Fashion News Desk (DS)

Must ReadView All

Pic: Shutterstock

Apparel/Garments | On 8th Apr 2020

Retailers need to show true partnership with supply chains

The ongoing COVID-19 crisis has thrown up an unprecedented challenge...

Pic: Shutterstock

Apparel/Garments | On 8th Apr 2020

Brands & Suppliers: Caught in a bind

Brands and retailers are in a bind: they have to deal with store...

Pic: Shutterstock

Apparel/Garments | On 8th Apr 2020

Pak garment units exempted from lockdown, start production

Pakistan’s garment industry has started production following a...

Interviews View All

Dharmendra Shah, Ozone PB Spintex Limited

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Headhonchos, Indian textile value chain

Indian textile value chain

'One nation, one tax' is a great concept

Riddhika Shah, SS Homme

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Devendra Gupta,

Devendra Gupta

Reforce, a start-up based in Gurgaon, aims to revolutionise the fitness...

Eric Schoeller,

Eric Schoeller

Groz-Beckert is the world's leading provider of industrial machine...

Kamal Kulshreshth,

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Dave Rousse, INDA

Dave Rousse

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Steve McCullough & Marco Weichert, Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Steve McCullough & Marco Weichert
Functional Fabric Fair & Design and Development GmbH Textile Consult respectively

Functional Fabric Fair is a trade-exclusive event showcasing the latest...

Joe Ikareth, Joe Ikareth

Joe Ikareth
Joe Ikareth

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

Madhu Jain, Madhu Jain

Madhu Jain
Madhu Jain

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

Vaanee Bhatia, Gritstones Clothing

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


Leave your Comments

April 2020

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

Advanced Search