Ready-made Garments (RMG) Market in Bangladesh
Al-Amin
Dept. of Textile Engineering
Ahsanullah University of Science & Technology
Email: alamin.emr@gmail.com
BGMEA
BGMEA (Bangladesh Garments Manufacturers & Exporters Association) is the apex trade body that represents the export oriented woven, knit and sweater garment manufacturers and exporters of the country. Ready-made Garments (RMG) is the leading sector of Bangladesh in terms of employment, production and foreign exchange earning. Ready-made garments (RMG) alone earned about 78.6% of the yearly foreign exchange earning of the country. About 4.0 million people are employed in the garment sector. Economy of Bangladesh depends on ready-made garments (RMG) industry. Bangladesh is the second largest exporter of ready-made garments (RMG) in the world.
BKMEA
BKMEA (Bangladesh Knitwear Manufacturers & Exporters Association) is an apex trade organization consisting of 1758 member factories. This is formed in 1996 to look after the interest of knitwear industry in Bangladesh. It works on productivity improvement, compliance, research and development, training and all national and international policy issues for the sake of knitwear industry.
Different Woven Wears
Different Knit Wears
Global Knitwear Market
Bangladesh Woven Wear Exports
Garments Factory & No. of Workers
Bangladesh Apparel Export Coverage
Comparative Statics of Knitwear & Wovenwear
Total Export of Bangladesh & RMG Export
Comparison of Export Quantity (Million Dozen)
Knitwear and Woven Exports of Bangladesh
Export Performance of RMG over Government’s Strategic Export Target for 2011-12
Main Apparel Items Exported from BD (In Mn US$)
Major Products Performance
Country Wise BD RMG Exports (In Million US$)
Exports are Highly Concentrated: by Destination
Growth of Exports and Imports of Bangladesh
Exports are Highly Concentrated: by Commodity
Product Wise Growth in First 8 Months of FY 2010-11 (July –February)
Shares (percentage) of Bangladeshi Knit and Woven Garments in the Total US Garment Import
Import of USA from the world and BD (Billion US$)
Unit Price of Major Export Items of Bangladesh to USA 2010 (US$/dozen)
Canadian RMG imports and market shares of major exporters (percent)
Share of Bangladeshi Apparel in EU Import
Major competitors’ annual growth of apparel export in EU
EU import from the world and BD (Million Euros)
EU import of RMG from the world and from BD (Billion Euros)
Unit Prices of Major Export Items of BD in EU Market (Euro/Kg)
Major Knitwear Exporters in the world
Global Importers of Knitwear
Cotton imports of Bangladesh (million USD)
Few Facts
- Total Export in 2010: US$ 19.2 billion
- 2010 Annual Growth: 27.3 Percent
- 2009 Annual Growth: -1.86 Percent
- 90 percent of export to USA is RMG (HS61 & 62)
- 96 percent of export to USA contributed by the export of HS 61, 62, 63 & 65 i.e. textile products
- 88 percent of export to EU is RMG
- 92 percent of Export to EU is HS 61, 62 & 63
- RMG export to USA dominated by woven products (75 percent)
- RMG export to EU dominated by knitwear (67 percent)
- Pattern of RMG export is determined by GSP and rules of origin
Our Strength
Export Processing Zone (EPZ) in Bangladesh
Key Production Factors
Investment Incentives
This Sector Contributed on:
- Women Empowerment
- Reduce Child Labor
- Gender equality
- Improved health & Nutrition
- Reduce Child Marriage
- Reduce Infant Mortality
Comparative Consumption and Local Supply of Yarn & Fabric
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- List of Different Types of Garment Testing Used in RMG Industry
- Professional Practice of Fashion Merchandising in RMG Sector of Bangladesh
Founder & Editor of Textile Learner. He is a Textile Consultant, Blogger & Entrepreneur. Mr. Kiron is working as a textile consultant in several local and international companies. He is also a contributor of Wikipedia.
