“Bangladesh exported ready-made garments worth
US$34.043 million during the July-December period of 2009-10 compared to
$19.415 million of 2008-09. The country earned US$74.381 million in
fiscal 2008-2009 and US$28.035 million in fiscal 2007-08 from RMG
export, according to Export Promotion Bureau data”.Knitwear
accounted for US$28.09 million during the same period, up from US$5.964
million a year before, the EPB data said. The country made shipments of
home textile worth US$1.125 million during the July-December of the
current fiscal year ..Japan has reduced its dependence on imports
from China, which gave a boost to apparel exports of Bangladesh further
increasing their sourcing from Bangladesh, said manufacturers and
exporters. For instance, Japanese retail giant Uniqlo has opened a
sourcing office in Dhaka ..Abdus Salam Murshedy, president of
Bangladesh Garment Manufacturers and Exporters Association (BGMEA), said
growth in Bangladesh’s apparel exports to Japan has much potential to
become sustainable as cost of garment production is lower in the South
Asian country .
Date:8/1/2010
Source:www.biansky.com