Bangladesh'S Clothing Exports Rose Sharply By 30%.

2010/12/7 10:19:00 49

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In November,

The People's Republic of Bangladesh

Exports rose sharply by 30% to $1 billion 550 million, which is based on Bangladesh.

Garments and garments

Strong demand for leadership, Bangladesh's export promotion agency said on Sunday.

Exports in 7-11 increased by 35.8% compared to the same period last year, reaching 8 billion 270 million US dollars.

In 7-11, Bangladesh came from

Knitted fabric

The export revenue increased by 37% over the same period last year, reaching US $3 billion 500 million, while the export revenue of woven garments increased by 36% to 2 billion 880 million US dollars over the same period last year.

Clothing accounts for 80% of Bangladesh's export earnings.

Orders from major markets, such as the US and Europe, and new markets, such as Turkey, Japan and South Africa.

Bangladesh's cheap labor costs helped Bangladesh to join the global supply chain of low-end textiles and clothing.

Bangladesh has almost doubled the minimum monthly wage of millions of garment industry workers, reaching 3000 Taka (43 US dollars), which came into force in November. However, compared with competitors such as China, India, Vietnam and Thailand, the wage of garment and garment workers in Bangladesh is still low.

Bangladesh made clothing for international brands such as Pani, WAL-MART, H&M, Karl, Martha department stores and Carrefour. In fiscal year 2009-10, Bangladesh's clothing exports increased by 4.11% to $16 billion 200 million, but still below target.