A sharp fall has been witnessed in Bangladesh’s apparel exports to Turkey during the first quarter of the current Bangladeshi fiscal that began on July 1, 2012.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
Apparel exports from Bangladesh to Turkey during the review period dipped by 9.21 percent to US$ 90.72 million, mainly because of the protective measures introduced by Turkey.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
Looking to safeguard domestic apparel producers, in March 2011, Turkey subjected all apparel imports from least developed countries (LDCs), including Bangladesh, to a 17 percent safeguard duty. It also increased the duty on apparels imports from developing countries to 27 percent and those from other countries to 30 percent.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
Registering a year-on-year fall of over 13 percent, Bangladesh’s knitwear exports to Turkey dropped to US$ 37.30 million during first quarter of current fiscal, while woven exports for the period fell by 6.13 percent to US$ 53.42 percent.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
During 2010-11, Bangladesh’s knitwear and woven items exports to Turkey climbed to SU$ 518.32 million, a whopping 69.24 rise over 2009-10’s exports of US$ 306.27 million.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
However, as the new tariffs became applicable from July 21, 2011, it started impacting Bangladesh’s export proceeds and the country’s overall earnings from apparel exports to Turkey for 2011-12 came to US$ 355.93 million.
A sharp fall has been witnessed in Bangladesh's apparel exports to Turkey during the #
Fibre2fashion News Desk - India
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