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    Demand For Cheap Clothes Is Large, And China's Clothing Exports Increase By 26%.

    2015/8/29 9:57:00 115

    Low Priced ClothingClothing ExportsBangladeshDataTariffsKnitwearTextilesHigh-End ClothingClothing MarketInternational Trade Exhibition

    Because of the high demand for low-priced clothing among middle-income consumers, Bangladesh's clothing exports to China increased by 26% in the 2014-2015 fiscal year, up to 304 million 240 thousand US dollars.

    According to recent reports from foreign media, according to the Bangladesh export promotion agency data,

    Knitwear

    Exports amounted to US $141 million 800 thousand and textile exports amounted to US $163 million 140 thousand.

    In the 2013-2014 fiscal year, Bangladesh's total exports to China amounted to US $241 million 370 thousand.

    China implements zero for 4721 products in Bangladesh

    tariff

    Most of them are clothing products, so since April 2011, Chinese retailers have used Bangladesh as a purchasing location.

    China has a very high demand for white knitted fabrics such as knitwear and T-shirts in Bangladesh.

    More than Chinese companies, other large retailers such as WAL-MART, Tesco and Metro also buy goods from Bangladesh.

    Because of Bangladesh's tariff preferences and low production costs, Chinese consumers can save up to 15% of the cost.

    China is the largest garment supplier in the world. Now China has shifted its focus to

    High-end clothing

    And technology products provide an opportunity for Bangladesh to export low-priced products, said Shahidullah Azim, vice president of Bangladesh clothing manufacturers and Exporters Association.

    "China has become a major market for us, and our export to China will soon exceed US $1 billion."

    He added: "the total value of China's clothing market is US $178 billion. If we can make up 1% of the total, China's exports will be nearly $18 billion a year."

    Local garment manufacturers will participate in Shanghai in October.

    International Trade Exhibition

    In order to further develop the Chinese market.

    "Bangladesh remains an important participant in the production of some basic clothing products, and the demand for these garments is high among middle-income consumers."

    Bangladesh also has a place in the Japanese market. Bangladesh's clothing exports to Japan amounted to US $652 million 550 thousand in the last fiscal year, up from 100 million US dollars five years ago.


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