Bangladesh surpassed China to become the largest exporter of woven garment items to India in 2014. The country's export share of woven garments to Indian market reached 29 per cent compared to that of 26.96 per cent by China. China, however, retained its position as the largest knit product exporter to the Indian market.
Bangladesh Garment Manufacturers and Exporters Association (BGMEA) says, Bangladesh exported woven products worth $85.73 million and knit items worth $27.88 million to India in 2014. But India imported woven items worth $80.04 million and knit products worth $93.63 million from China in the last calendar year. Bangladesh's top 10 woven items shipped to India in 2014 included men's suits, jackets and trousers worth $52.40 million while the country fetched $19.20 million by exporting men's shirts to the neighbouring country.
Similarly, top 10 knitwear items exported to India last year included T-shirts, singlets and vests worth $13.47 million while jerseys, pullovers and cardigans fetched $6.89 million. The country's total apparel exports to India stood at $113.61 million, showing a 31.12 per cent growth in 2014 compared to that of 2013, BGMEA data showed. Bangladesh's apparel export to India was only $16.06 million in 2010.
www.bgmea.com.bd
