Bangladesh Will Become The Fourth Largest Exporter Of Garments In The World.

According to the research and statistics of World Trade Organization (WTO), Bangladesh has become the world's fourth largest exporter of garments after Mainland China, the European Union and Turkey.

　　 Bengal Bangladesh Garment Manufacturersand Exporters Association (BGMEA) said that Bangladesh should have become the world's third largest exporter in terms of the latest export volume and volume.

Bangladesh is EU market The largest supplier of cotton t-shirts, the second largest supplier of sweaters and jeans, last year was the second largest supplier of cotton trousers in the US market.

According to Export Promotion Bureau (EPB) statistics, 2009-2010, Bangladesh Ready-made garments export The amount is 12 billion 590 million US dollars, accounting for 80% of the total export volume.

Supplement:

Backhausen, chairman of the Federation of Austria textile and apparel professional association warned that if the price of cotton did not decline significantly, clothing prices will rise sharply in 2011.

Cotton prices in Bremen cotton exchange have surged to 109.4 cents from 68.60 cents a pound since the beginning of this year. Cotton prices have risen by 70%-80% in 12 months. The reason for the rise in cotton prices is that the flood caused cotton failures in Pakistan. Those enterprises that have cleared all cotton stocks due to the economic crisis now have to pay high prices to buy, and they will face difficulties in survival.

Wartusch, head of the Trade Department of Tyrol State Chamber of Commerce, believes that the current rise in cotton prices has little effect on the price of jeans and sweaters this year. The price will rise only in the autumn and winter of 2011 as early as 2011.

The company has purchased textiles needed for spring and summer of 2011. Overall, prices are stable. Only in the autumn of 2011 will we be able to judge the price changes if we see whether fashion prices are going up. In addition, it is hard to predict whether the industry will shift prices to consumers. Sheth, chairman of the India cotton Federation, said cotton prices will drop because India will abolish the ban on cotton exports, and the US cotton will get the best harvest in 3 years. US cotton harvest will solve global inventory problems, and India cotton will enter the market and bring down prices.