Export of Textile from Bangladesh - Bangladesh Import Data
Bangladesh is a major exporter of textiles, particularly ready-made garments, and the industry plays a crucial role in the country's economy. In 2020, the textile and apparel industry accounted for over 83% of Bangladesh's total export earnings, according to the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). History and Development of the Textile Industry in Bangladesh The textile industry in Bangladesh started to take off in the late 1970s and early 1980s. Initially, the industry mainly produced basic items such as shirts, trousers, and T-shirts. However, over time, it has developed into a major producer of high-quality clothing for global markets. The industry's rapid growth is attributed to a few factors, including a large pool of low-cost labour, government support for the sector, and preferential market access granted by developed countries. Export Products: Bangladesh exports a wide range of textile products, including knitwear, woven garments, de...