Category-wise, knitwear exports rose 11.47 per cent to $7.595 billion in first six months of fiscal 2017-18, as against exports of $6.813 billion during the corresponding period of the previous fiscal, as per the data. Germany was the largest importer accounting for $1.632 billion of all knitwear exported from Bangladesh, followed by the United Kingdom with imports of goods valued at $981.965 million.
Likewise, exports of woven apparel increased 4.08 per cent to $7.717 billion during the period under review, compared to exports of $6.896 billion during July-December 2016. The US was the largest importer with $1.882 billion worth of woven clothing supplied by Bangladesh. Germany and the United Kingdom procured woven apparel valued at $1.033 billion and $868.214 million, respectively.
Woven and knitted apparel and clothing accessories’ exports together accounted for 82.45 per cent of $17.916 billion worth of total exports made by Bangladesh during the six-month period.
In the previous fiscal that ended on June 30, 2017, garment exports from Bangladesh had increased 0.2 per cent year-on-year to $28.149 billion. The South Asian country has set the target of achieving $30.160 billion during the current financial year. (RKS)
ALCHEMPro News Desk – India
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