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T-shirts become top export earner surpassing trousers

In the fiscal year 2018-19, T-shirt was the top export item among basic garments, according to Bangladesh Garment Manufacturers and Exporters Association (BGMEA) data. Bangladesh fetched $7.01 billion from T-shirt export in the FY19.

Thanks to the ongoing trade war between the US and China as buyers are shifting orders from China to Bangladesh.

Also, the value-addition by the manufacturers – like using of manmade fibers, embroidery, designed yarn, washing, printing and other accessories to T-shirts –helped them to secure more orders.

The industry experts opined that it is a positive sign for the country’s top foreign currency earning sector. As the value addition is working fine.

The data from BGMEA showed, trousers, once the top earner, earned US$6.93 billion, jacket US$4.38 billion, sweater US$4.25 billion and shirt US$2.32 billion in the FY19.

Engr Mohammad Mezbah Uddin, Executive Director of T&M Sourcing said, “T-shirts export is increasing as diversified T-shirt is being produced by our manufacturers. They are making value added T-shirts using latest printing technology like functional T-shirt, reflective T-shirt, perfume T-shirt etc.”

Washing is the latest phenomenon taking place in local RMG manufacturing and also bringing high value, which helps get better price but it is now used in T-shirt manufacturing.

However, per unit price of a T-shirt hasn’t increased much in contrast to the value-addition.

“Mainly our negotiation skill is so poor, we cannot make a win win situation negotiating with buyers. Another point I want to mention that our production cost is increasing rapidly, which is one of the major reasons behind our low profit margin,” said Mezbah Uddin.

If anyone has any feedback or input regarding the published news, please contact: info@textiletoday.com.bd

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