Bangladesh Exports Of Knitted Goods Exceeded Turkey In 2010

Meng last year Gala knitwear Export volume exceeds Turkey It has become the second largest export country of knitwear in the world.

In 2010, Turkey exported 7 billion 740 million knitwear, Bangladesh exported 7 billion 780 million knitwear, such as sweaters, T-shirts and so on.

Beyond Turkey, in terms of quantity, Bangladesh is now The world's second largest knitwear The producers and exporters are ranked behind China.

However, in terms of export volume, Turkey still leads Bangladesh, and Turkey exported 6 billion 920 million US dollars last year, which is higher than that of Bangladesh's US $6 billion 190 million export.

Bangladesh's clothing exports continue to grow at an alarming rate and increase by 40% in the current fiscal year. If this continues, Bangladesh is likely to overtake Turkey in terms of export volume in the next financial year.

Turkey knitwear manufacturers produce high-end products, such as sportswear, to cater to the demand of fashion retailers in western countries. Bangladesh producers mainly produce low-priced products such as T- T-shirts.

However, Bangladesh producers began to explore knitting business only in 1990s, and Turkey has become a major garment producing country since the Second World War. However, due to the high labor cost, Turkey manufacturers do not accept low cost orders.

In addition, although China has more advantages than other countries, China's advantages are being gradually weakened. However, China is still the world's largest producer of knitted and woven garments, accounting for about 50% of the world's $500 billion garment market.