In 2010 7-11, Bangladesh'S Exports Of Woven Garments Increased By 36%.
In November, Bangladesh
Exit
A sharp increase of 30% to $1 billion 550 million, which is the opposite.
The People's Republic of Bangladesh
Ready-made garments
clothing
Strong demand for leadership, Bangladesh's export promotion agency said on Sunday.
Exports in 7-11 increased by 35.8% compared to the same period last year, reaching 8 billion 270 million US dollars.
In 7-11, Bangladesh's export revenue from knitted textiles rose 37% to $3 billion 500 million compared with the same period last year, while the export revenue of woven garments increased by 36% to 2 billion 880 million US dollars over the same period last year.
Clothing accounts for 80% of Bangladesh's export earnings.
Orders from major markets, such as the US and Europe, and new markets, such as Turkey, Japan and South Africa.
Bangladesh's cheap labor costs helped Bangladesh to join the global supply chain of low-end textiles and clothing.
Bangladesh has almost doubled the minimum monthly wage of millions of garment industry workers, reaching 3000 Taka (43 US dollars), which came into force in November. However, compared with competitors such as China, India, Vietnam and Thailand, the wage of garment and garment workers in Bangladesh is still low.
Bangladesh makes clothing for international brands such as Pani, WAL-MART, H&M, Karl, Martha general merchandise and Carrefour.
In the 2009-10 fiscal year, Bangladesh's clothing exports increased by 4.11% to $16 billion 200 million, but still below target.
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