Bangladesh, A New Member Of Garment And Garment Exports, Malaysia

In the next two years, Malaysia is expected to become a $1 billion Bangladesh.

The export market should be grateful to Bangladesh's exporters for various distribution efforts in Malaysia, industry insiders said.

To promote the export of Bangladesh goods to Malaysia, local businessmen, in collaboration with the Bangladesh Malaysia chamber of Commerce and industry (BMCCI), have recently adopted a series of preventive measures, including different types of image building in Malaysia.

A major ready-made garment

Saeed, nu group, chairman of the vail group, said: "Bangladesh's light clothing exports to Malaysia have bright prospects, because our competitors have lost their competitiveness in the export of these items to Malaysia.

As a tropical climates, Malaysia people usually wear light clothing. In this regard, Bangladesh has proved its competitiveness, but because of lack of image and understanding of our country, we have not been able to take advantage of this opportunity so far.

Bangladesh has sold $3 billion 500 million worth of clothing products, but due to lack of image building action, we have lost a lot of export revenue for a long time.

"If our exporters can sell one to 27 million Malaysia people and 25 million passengers a year," he said.

Then our export revenue from garments and garments will soon exceed US $1 billion.

Industry insiders say Bangladesh has enjoyed 20% tariff relief for the 300 categories of products exported to Malaysia, but the export of garments and garments to Malaysia is relatively low. Due to the lack of knowledge about Bangladesh, the export of garments and garments to Malaysia has not received such tariff relief.

According to the least developed countries standard, Bangladesh exports to Malaysia can enjoy 20% preferential tariff relief.