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Why Participate in this Exclusive International YARN & FABRICS show in
You can take forward your business effectively at the 8th International Yarn & Fabrics Sourcing Fair 2023, theapparel fabric industry’s leading sourcing platform and a comprehensive product spectrum covering the entire industry.
Renowned for its strong manufacturing capabilities and thriving ecosystem, the Bangladesh RMG industry is a global hub for apparel sourcing. Over four thousand factories export a wide variety of knitwear & woven garments products such as shirts, trousers, T Shirt, denim, jackets, sweaters, etc.
Today, Bangladesh leads the world in green garment manufacturing with 150 LEED (Leadership in Environmental and Energy in Design) certified factories in the country nine of the top 10 green garment factories and 40 of the top 100 are located in Bangladesh. Bangladesh is a trusted hub of apparel sourcing across the globe. More than 150 countries import ready-made garments from Bangladesh.
Total export earnings from Readymade Garments (RMG) stood at USD 11527.70 million in January-March FY22 (Woven USD 5569.43 million and Knitwear USD 5958.27 million), RMG’s total export earnings in January-March FY22 were 27.24 percent higher. The United States, Germany, the United Kingdom, Spain, France, Italy, the Netherlands, Canada, and Belgium were the top destinations. for Bangladesh’s RMG exports in FY22. In this quarter, RMGs net export (determined by subtracting RMG raw material import value from RMG export value) was USD 6022.53 million, or 52.24 percent of gross RMG export..