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Bangladesh'S Exports Of Knitwear Surpassed Turkey Last Year.

2011/4/8 11:28:00 61

Export Volume Of Knitwear Exports

Bangladesh knitwear last year

Exit

Outnumber Turkey, it has become the second largest exporter of knitwear in the world.


In 2010, Turkey exported 7 billion 740 million knitwear, Bangladesh exported 7 billion 780 million knitwear, such as sweaters, T-shirts and so on.


Beyond Turkey, in terms of quantity, Bangladesh is now the world's second largest producer and exporter of knitwear, after China.


However, in terms of export volume, Turkey still leads Bangladesh, and Turkey exported 6 billion 920 million US dollars last year, which is higher than that of Bangladesh's US $6 billion 190 million export.


Bangladesh's clothing exports continue to grow at an alarming rate and increase by 40% in the current fiscal year. If this continues, Bangladesh is likely to overtake Turkey in terms of export volume in the next financial year.


Turkey knitwear manufacturers produce high-end products, such as sportswear, to cater to the demand of fashion retailers in western countries. Bangladesh producers mainly produce low-priced products such as T- T-shirts.


However, Bangladesh producers only began to explore in 1990s.

knitting

Turkey has been a major producer of clothing since the Second World War.

However, due to the high labor cost, Turkey manufacturers do not accept low cost orders.


In addition, although China has more advantages than other countries, China's advantages are being gradually weakened. However, China is still the world's largest producer of knitted and woven garments, accounting for 500 billion dollars in the world.

Clothing market

About 50%.

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