Bangladesh hopes to make Canada a key garment export destination. Of Bangladesh's exports to Canada, 96 per cent are apparel items. Between July and March 2014-15, Bangladesh exported goods worth $734.02 million to Canada and imported goods worth $495.80 million in July-February of the same fiscal year.
In fiscal 2013-14, Bangladesh’s exports to Canada were worth $1.1 billion while imports were $585.5 million. Canada has been providing support to Bangladesh to develop workers' skills and improve working conditions in the sector. The country has provided duty-free benefits to Bangladesh since 2003.
The growth rate of Bangladesh’s garment industry has been around 9 per cent over the previous year, which is slightly lower than the past five years' average of around 12 per cent.
Garment makers have been facing challenges of poor infrastructure, political crisis, lower worker productivity and a lack of experience of mid-level management. An inadequate supply of gas and a ban on new gas connections to the factories are the biggest challenges.
In spite of all this the sector is confident of achieving the apparel export target of 50 billion dollars by 2021. Currently Bangladesh is the second largest garment exporting nation after China.
- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
Luxury in Retreat: Why the aspirational consumer is gone for good
The global luxury industry is confronting an unprecedented situation. The active consumer base, which peaked at 400 million in 2022,... Read more
The Invisible Bleed: How a single chemical is slowing India’s apparel machine
The global fashion industry has spent the better part of the past two years obsessing over visible disruptions viz. volatile... Read more
The Closet Paradox: How ‘nothing to wear’ is driving global overconsumption
In an era of overflowing wardrobes and instant fashion gratification, a striking paradox has emerged: the more clothes we own,... Read more
US trade rulings and labor slowdown reshape 2026 cotton supply chains
The global cotton industry is entering a period of adjustment, shaped by legal rulings, trade policy recalibrations, and a softening... Read more
Zero-tariff paradigm drives strategic re-sourcing at Global Sourcing Expo 2026
Projected to reach a valuation of $30.3 billion this year, the Australian textile and apparel market is entering a period... Read more
Strategic manufacturing takes center stage at Gartex Texprocess Mumbai 2026
A $179 billion industrial cornerstone contributing 2 per cent to the national GDP, the Indian textile and apparel sector is... Read more
The Hidden Tax on Fashion: 2026’s EPR rules squeeze margins and shake supply cha…
As the 2026 enforcement deadlines for California’s SB 707 and the European Union’s harmonized Waste Framework Directive loom, the global... Read more
Guess? Inc. retreats from China as American cool hits a cultural wall
For more than two decades, Guess? Inc., the emblem of ‘accessible American cool’, maintained an ambitious footprint in China. At... Read more
The Hormuz Effect: Why a distant war is shaking Bangladesh’s garment exports
The immediate impact of the Iran- Isarel-US conflict is being felt in the logistics arteries that connect Bangladesh’s factories with... Read more
The rise of localized luxury, MEA, North America, and India lead growth
The global luxury industry is no longer defined by relentless expansion. The ‘2025 Global Luxury Brandwatch Report’ highlights a sector... Read more












