Bangladesh knit sector saw great growth in 2018. According to economists and business leaders, calmness in the country’s political arena, the US-China trade war, and improvement in safety conditions in the ready-made garment factories were main reasons behind the increase of knit export.
Bangladesh knit sector produces top quality knit garments at lowest costs. There are a total of 4,560 garments factories in Bangladesh exporting apparel products in the global market, of them about 2500 are knit garment factories.
With almost all major retailers, Bangladesh has a significant market share in cotton & cotton-rich knit products for the last 16 years. World’s leading brands are sourcing knit garments from Bangladesh like H&M, Walmart, C&A, Zara etc.
Bangladesh exports numerous popular knit items to the global market. Recently Bangladeshi knit manufacturers have concentrated on making value-added items to sustain strongly in the global arena.