BANGLADESH: Garment exports soar in July-November
Higher shipments of clothing and textiles helped Bangladesh to a 26.8% jump in total exports in the five months to November 2008.
Figures published by the Export Promotion Bureau yesterday (12 January) show exports were up to $6.6bn in the July to November period, up from $5.2bn a year earlier.
Exports of woven garments - Bangladesh's largest export category - were up 24.8% to $2.3bn, the figures showed, while earnings from knit textiles climbed 34.6% to $2.7bn.
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Bangladesh’s clothing and ready-made garment sector is undergoing unprecedented expansion, registering an average growth of 20% year-on-year, and has plans to be one of the top three exporters globall...
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