{"id":11390,"date":"2023-12-20T04:46:20","date_gmt":"2023-12-20T04:46:20","guid":{"rendered":"https:\/\/thecrimebd.net\/english\/?p=11390"},"modified":"2023-12-20T04:46:20","modified_gmt":"2023-12-20T04:46:20","slug":"bangladesh-has-become-the-top-exporter-of-knitwear-to-the-eu","status":"publish","type":"post","link":"https:\/\/thecrimebd.net\/english\/news\/11390\/","title":{"rendered":"Bangladesh has become the top exporter of knitwear to the EU"},"content":{"rendered":"

Economy Desk:<\/strong> Bangladesh has come to the top after leaving behind China in the export of knitwear to the European Union (EU). Bangladesh is now the top knitwear exporter to the EU, both in terms of price and volume. BGMEA has given this information.<\/p>\n

According to the data from BGMEA, EU member countries have taken USD 900 million worth of knitwear from Bangladesh in nine months, from January to September this year. At the same time, they imported net garments worth 896 million dollars from China. Considering the nine months of the year, this is the first time that Bangladesh’s knitwear exports to the EU have surpassed China’s. At the same time, Bangladesh is at the top in terms of quantity. EU imported 57 million 10 million kg of knitwear from Bangladesh in the last month of January to September. At the same time, their import from China was 442.2 million kg.<\/p>\n

BGMEA President Farooq Hasan said in a letter to the organization’s members that last year, Bangladesh surpassed China in terms of exports of knitwear to the EU. Bangladesh’s apparel exports to the EU were 133 million kg last year. During the same period, China’s garment exports to the EU were 131 million kg. Bangladesh exported $7.3 billion worth of garments to the EU that year, less than China. But for the first time in the first nine months of this year, Bangladesh has surpassed China in the export of knitwear. It is a matter of great pride and joy for Bangladesh. The countries of the European Union are one of the top destinations for exports of ready-made garments. If the exports of Bangladesh increase in this market, it will have a positive effect on the growth of exports as a whole.<\/p>\n","protected":false},"excerpt":{"rendered":"

Economy Desk: Bangladesh has come to the top after leaving behind China in the export of knitwear to the European Union (EU). Bangladesh is now the top knitwear exporter to the EU, both in terms of price and volume. BGMEA has given this information. According to the data from BGMEA, EU member countries have taken […]<\/p>\n","protected":false},"author":1,"featured_media":11391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,2],"tags":[],"location":[],"class_list":["post-11390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-national"],"yoast_head":"\nBangladesh has become the top exporter of knitwear to the EU - The Crime BD<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thecrimebd.net\/english\/news\/11390\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bangladesh has become the top exporter of knitwear to the EU - The Crime BD\" \/>\n<meta property=\"og:description\" content=\"Economy Desk: Bangladesh has come to the top after leaving behind China in the export of knitwear to the European Union (EU). Bangladesh is now the top knitwear exporter to the EU, both in terms of price and volume. BGMEA has given this information. 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