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

Textiles | On 28th Mar 2020

Worldwide lockdowns, stimulus shots, raised PPE production

The global response this week to the unfolding COVID-19 crisis saw...

Pic: Shutterstock

Apparel/Garments | On 28th Mar 2020

Vietnam may outdo Bangladesh as 2nd largest RMG exporter

Though Bangladesh is now the second-largest garment exporter...

Pic: Shutterstock

Textiles | On 28th Mar 2020

Morgan Stanley rules out economic depression

With COVID-19 badly damaging the global economy, Morgan Stanley...

Interviews View All

Angelina Francesca Cheang, MY ANJE

Angelina Francesca Cheang

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Krishnanand Tripathi, Textrade International Ltd

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Karan Suratwala, Key Textile Accessories Private Limited

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Emanuel Fertuzinhos,

Emanuel Fertuzinhos

Founded in 1981, Lisama, a Portuguese company, is a pioneer in the textile ...

Paolo Toricella,

Paolo Toricella

Electronics for Imaging (EFI) is a global technology company, based in...

Mehul Vithalani,

Mehul Vithalani

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

Justin Gutierrez, INDA

Justin Gutierrez

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

Ian Russell, Pireta

Ian Russell

UK-based Pireta has developed a unique free-form process to add durable,...

Alfonso Marra, Klopman

Alfonso Marra

It was in 1968 that Klopman introduced the concept of poly/cotton workwear ...

Sanjukta Dutta, Sanjukta's Studio

Sanjukta Dutta
Sanjukta's Studio

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

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

Jay Ramrakhiani, Occasions Elegance Wear

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

March 2020

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

Advanced Search