Bangladesh apparel exports down 5.71% in July-Jan FY20

Category-wise, knitwear exports fell 5.13 per cent to $9.620 billion in the first seven months of fiscal 2019-20, as against exports of $10.140 billion during the corresponding period of the previous fiscal, as per the data.

Likewise, exports of woven apparel decreased 6.29 per cent to $9.443 billion during the period under review, compared to exports of $10.076 billion during July-January 2019-20.

Woven and knitted apparel and clothing accessories’ exports together accounted for 83 per cent of $22.919 billion worth of total exports made by Bangladesh during the July-January period.

In the last fiscal ending June 30, 2019, garment exports from Bangladesh crossed the $34-billion mark. 

ALCHEMPro News Desk (PC)