Bangladesh garment exports up 9.37% in July-April

Readymade garment exports from Bangladesh increased by 9.37 per cent in the first ten months of current fiscal 2017-18 to $25.305 billion compared to exports of $23.137 billion in the corresponding months of the previous year, according to data from the Export Promotion Bureau. The percentage increase in garment exports during July-April 2017-18 was higher than 6.41 per cent growth in overall exports from Bangladesh during the same period.

 

Readymade garment exports from Bangladesh increased by 9.37 per cent in the first ten months of current fiscal 2017-18 to $... billion compared to exports of $... billion in the corresponding months of the previous year. The percentage increase in garment exports during July-April 2017-18 was higher than 6.41 per cent growth in overall exports.#

Category-wise, knitwear exports rose 11.43 per cent to $12.540 billion in the first ten months of fiscal 2017-18, as against exports of $11.254 billion during the corresponding period of the previous fiscal, as per the data. Germany was the largest importer accounting for $2.671 billion of all knitwear exported from Bangladesh, followed by the United Kingdom with imports of goods valued at $1.597 billion.

 

Readymade garment exports from Bangladesh increased by 9.37 per cent in the first ten months of current fiscal 2017-18 to $... billion compared to exports of $... billion in the corresponding months of the previous year. The percentage increase in garment exports during July-April 2017-18 was higher than 6.41 per cent growth in overall exports.#

Likewise, exports of woven apparel increased 7.42 per cent to $12.765 billion during the period under review, compared to exports of $11.883 billion during July-April 2016-17. The US was the largest importer with $3.254 billion worth of woven clothing supplied by Bangladesh. Germany and the United Kingdom procured woven apparel valued at $1.979 billion and $1.560 billion, respectively.

 

Readymade garment exports from Bangladesh increased by 9.37 per cent in the first ten months of current fiscal 2017-18 to $... billion compared to exports of $... billion in the corresponding months of the previous year. The percentage increase in garment exports during July-April 2017-18 was higher than 6.41 per cent growth in overall exports.#

Woven and knitted apparel and clothing accessories’ exports together accounted for 83.22 per cent of $30.406 billion worth of total exports made by Bangladesh during the ten-month period.

 

Readymade garment exports from Bangladesh increased by 9.37 per cent in the first ten months of current fiscal 2017-18 to $... billion compared to exports of $... billion in the corresponding months of the previous year. The percentage increase in garment exports during July-April 2017-18 was higher than 6.41 per cent growth in overall exports.#

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)