As per Export Promotion Bureau’s reports, exports of apparels, which is
Bangladesh’s major foreign exchange revenue generator, contributing to
the country’s net exports, registered 76.96 percent during the period,
July-April 2009-10. Of this, 39.59 percent is contributed by knitwear
and 37.36 percent is contributed by woven garments and about $13
billion is the earning generated from the total exports..
.
However, during the same period in the fiscal, 2008-09, apparel
sector’s contribution was 79.07 percent. Even the state-operated
promotional agency informed that exports of apparels displayed a
negative growth during the period, under consideration, of the current
financial year, excepting for October, March and April. But this
negative growth is attributable to world economic downturn. .
.
Export figures for the month of April reveal that knitwear exports
registered a hike of 13.53 percent, within just one month, whereas
exports of woven goods increased by 15.56 percent. Therefore, a
significant recover is expected in May and June too..
.
As per industry experts, owing to growth in turnover, witnessed in the
months of March-April, the last two months of this fiscal will most
likely also display even further increase in the sector’s exports. More
so, with global buyers set to place more orders for garments goods, a
positive export increment is also expected in the next fiscal. .
.
A textile manufacturing firm, which is expecting $175 million RMG
exports in 2010, pointed to the dearth in energy supply, which was
leading to failure in on-time delivery of garment export orders,
thereby resulting in the July-April reduction. .
.
Owing to dearth in gas and energy supply, many RMG goods suppliers are facing trouble in meeting with global buyer’s orders. .
.
Around all this, birth of some other sectors in the textile industry
are also grasping bigger share in the national exports. For instance,
jute product exports during the July-April period increased by 69.82
percent to $377.09 million and raw jute exports grew by 44.35 percent
to $170.41 million
Date:6/6/2010
Source:Fibre2fashion