Bangladesh's garment exports increase marginally in H1

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up marginally by 0.77 per cent year-on-year in the first half of the ongoing fiscal year that commenced on 1 July, 2014.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

Garment exports earned US$ 12.024 billion for Bangladesh in the July-December 2014 period, compared to earnings of $11.932 billion made during the corresponding period of the previous financial year, according to the data released by the Export Promotion Bureau.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

Category-wise, knitwear exports grew by 1.9 per cent to $6.061 billion during the six-month period, over exports of $5.948 billion made during the corresponding months of the previous fiscal, the data showed.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

The exports of woven apparel, on the other hand, declined by 0.35 per cent to $5.962 billion during the period under review, compared to exports of $5.983 billion in July-December 2013.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

Woven and knitted apparel and clothing accessories’ exports together accounted for around 80 per cent of $14.914 billion worth of total exports made by Bangladesh during the first half of the current financial year.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

In fiscal year 2013-14, Bangladesh’s clothing exports surged by 13.83 per cent to $24.491 billion, compared to exports of $21.515 billion made in the previous fiscal.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

For fiscal year 2014-15, Bangladesh has set an export target of $13.215 billion for knitwear and $13.681 billion for woven garments.

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #

With the presence of more than 5,000 garment factories that together employ nearly 4.2 million workers, Bangladesh is currently the second-largest garment exporter in the world, next only to China. US, Germany and the UK are Bangladesh’s top export markets. (RKS)

 

Compared to 13.83 per cent growth registered in exports of readymade garments in the previous fiscal year, Bangladeshi clothing exports inched up #