Apparel exports to Asian markets on the rise
2018-06-29 15:14:49 / Dhaka Int'l Textile& Apparel Accessories Exhibition
Garment shipments from Bangladesh to its major Asian markets—India, China and Japan—are rising by the day thanks to competitive prices the country offers and spiralling production cost in China.
Bangladesh's strength in formal garment production and higher economic growth in populous Asian countries have also helped such shipments to increase, which could hardly reach a few million dollars only five years ago, experts said.
Garment export to these three markets grew 17.79 percent year-on-year to $1.39 billion in July-May period of the current fiscal year, according to data from the Export Promotion Bureau (EPB).
Japan, with a retail garment market worth nearly $50 billion, is the largest export destination for Bangladesh among the Asian nations. In July-May period, Bangladesh sent $787.13 million worth of garment items to Japan, which is a 13.04 percent year-on-year rise.
The overall export to Japan has already crossed $1.05 billion mark in the first 11 months of the current fiscal year from $945.47 million last year.
Read more...
Source From: The Daily Star
More News
- Seminar Session: Driving the Innovation in the Plastics, Printing & Packaging Industry Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-22 20:45:09
- IPF Bangladesh 2026 Positions Bangladesh as a Rising Hub for Plastics, Printing and Packaging Manufacturing Bangladesh Int'l PLASTICS, PRINTING & PACKAGING Industry Fair / 2026-01-20 13:27:57
- Taiwanese bakery brands making their mark in Vietnam Taipei Int'l Bakery Show / 2026-01-16 15:05:38
- Hanoi International Electronics and Smart Manufacturing Exhibition to Bring Together Companies from 6 Countries, May 20–23, 2026 in Vietnam Hanoi International Electronics and Smart Manufacturing Exhibition / 2026-01-15 17:04:13
- Scoop the Prize! VIETNAMWOOD / 2025-11-03 10:52:16
- VietnamPlas 2025 Successfully Attracted 21,401 International Visitors Vietnam Plas (HCM) / 2025-10-28 10:18:04
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show －OUT。DOOR TaiChung / 2025-10-27 09:02:46
- Leisure Japan is coming to Tokyo Big Sight on November 26-28! Taiwan Outdoor Show - OUT。DOOR Taipei / 2025-10-27 09:02:10
- VietnamPrintPack 2025 successfully concluded with a total of 20,052 professional visitors Vietnam HCM Pack Print Food / 2025-10-17 13:36:26
- Seminar Sessions: Expert Perspectives on Advancing the Printing & Packaging Markets Vietnam HCM Pack Print Food / 2025-09-30 14:54:32
- Beware of Fraud and Impersonation Myanmar Agro Food Exhibition / 2025-09-30 08:56:21
- Beware of Fraud and Impersonation Myanmar PPP / 2025-09-30 08:56:20
- CTG & CIMIF2025 Panel Discussion Agenda CIMIF / 2025-09-26 17:48:16
- Seminar Sessions: High-Level Perspectives on Global Trade and the Future of Sustainable Plastics Vietnam Plas (HCM) / 2025-09-18 15:47:43
- VPPNEXT : Innovation Zone (Booth 630 - 647) Vietnam HCM Pack Print Food / 2025-09-08 11:56:00
- VietnamPrintPack 2025: The Largest Exhibition Platform Showcase Printing & Packaging Industry Vietnam HCM Pack Print Food / 2025-09-05 11:53:19
- VietnamPlas 2025: Asia’s leading plastics and rubber industry exhibition will be showcased in Ho Chi Minh City Vietnam Plas (HCM) / 2025-09-02 11:18:43
- Market Trends & Exhibition Highlights Industry Must Know Vietnam Plas (HCM) / 2025-08-18 17:33:24
- The Vietnam's no.1 Exhibition for Plastics and Rubber Vietnam Plas (HCM) / 2025-08-18 14:08:15
- What’s New in the Printing & Packaging Industry? Vietnam HCM Pack Print Food / 2025-08-07 11:40:56