prospects and challenges of bangladesh garments

PROSPECTS AND CHALLENGES OFBANGLADESH GARMENTS SECTOR

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EXISTING SCENARIO OF BANGLADESH RMG

• Achieved a Total Export of 18.12b from (July-Feb) with a target of 27.37b where 25.49b USD was achieved in the previous fiscal year.

• Which is nearly 82% of the Total National Export.• Consists of nearly 3700 Active Factories.• Which consists of around 4.2m workers.• Where 75% of those workers are Women.• Is 2nd in position with regards to Knitwear, just behind China.• Is 3rd in position with regards to Woven, following China and Italy.




PROSPECTS OF BANGLADESH RMG





EMPLOYMENT GENERATION WITH REGARDS TO BANGLADESH RMG





THE GROWTH OF KNITWEAR EXPORT IN CHINA IS 42% WHERE OVERALL EXPORT GROWTH IS 9.2%


BANGLADESH RMG HAS GREAT OPPORTUNITY TO CATCH THE MARKET SHARE OF CHINESE RMG WITHIN THE GLOBE (I.E. 420 BILLION USD EXCLUDING CHINA) INCLUDING CHINA’S INLAND MARKET (AROUND 300 BILLION USD) AS CHINA IS

ABOUT TO SWITCH FROM RMG PRODUCTION.



BANGLADESH GARMENTS IS PRODUCING AND MAY EXPAND THE EXPORT OF HIGH VALUE ADDED PRODUCTS

VIA VARIETY OF PRODUCTS. www.bdtdc.com

© 2016 Bangladesh Trade Development Council. All Rights Reserved.



CHALLENGES OF BANGLADESH RMG





LACK OF MARKETING TACTICS, NEGOTIATION & BARGAINING SKILLS REGARDING SETTING UP PRICES



LACK OF DEVELOPMENT OF BACKWARD LINKAGE OF BANGLADESH RMG





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prospects and challenges of bangladesh garments

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