Pants become Bangladesh’s largest export product
According to a report by Financial Express on August 2, pants have become Bangladesh’s largest export product in terms of foreign exchange earnings. According to data from the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), Bangladesh’s garment exports in the last fiscal year amounted to US$28.09 billion. Among them, the export value of pants was US$6.31 billion, accounting for more than 22%; T-shirts were US$6.11 billion, accounting for 21.77%; jackets were US$3.77 billion, accounting for 13.43%; sweaters were US$3.18 billion, accounting for 11.32%; shirts were US$2.31 billion. , accounting for 8.24%.
Due to the higher added value of trousers, Bangladeshi manufacturers are actively engaged in trousers processing business, especially jeans that are not affected by seasons. At the same time, the EU’s revision of the rules of origin will also help Bangladeshi pants products enter the European market. Bangladeshi clothing manufacturing companies are continuously promoting the transformation of the clothing industry from low-end to mid- to high-end through fashion design, technological improvements and other measures. Pants become Bangladesh’s largest export product for foreign exchange earnings
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