Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Bangladesh’s December apparel exports increase 15 per cent

As per latest data released by Bangladesh Export Promotion Bureau, Bangladesh’s apparel exports increased by over 15 per cent in December, plagued by a spate of labor unrest and factory shutdowns. The apparel export receipt stood at over $17.8 billion during the July-December period, gaining over 15.6 per cent on a year-to-year basis. For December alone, export receipt was $2.9 billion.

Further data analysis shows growth declined from 18.5 per cent in November, due to labour unrest. Export exceeded the strategic target (as set by Bangladesh government) of $15.7 billion by more than 8.5 per cent. Knitwear exports witnessed a receipt of $8.6 billion, a gain of almost 14 per cent. For the month of December alone, knitwear segment fetched about $1.3 billion, making up 45 per cent of the total apparel exports.

Woven segment on the other hand witnessed a receipt of $8.4 billion during the same period, a gain of over 17 per cent. For December alone, the segment made up 55 per cent of the basket with $1.6 billion in receipt.

All exports combined, Bangladesh’s total exports amounted to $3.4 billion for December, making a marginal gain of 2.8 per cent. Apparel exports accounted for over 85 per cent of the total exports in December 2018.

 

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
 
VF Logo