Despite many obstacles, such as the fall of Rana Plaza, a fire in factories and numerous ongoing political unrest and anxiety of employees, Bangladesh managed to overtake India in the export of ready-made garments.
India's Exim Bank study shows that the export of ready-made garments from India to the United States rose by 6.3 per cent., Or up to $ 3.2 billion in the period from January to October 2013. At the same time, exports of ready-made kiku imports garments from Bangladesh to the United States increased by 11.4 percent., Up to 4.9 billion dollars. kiku imports
- Recent data on imports of finished apparel products to the United States are a very good reference point for the understanding of the latest economic trends. The data show the effectiveness of policy changes to facilitate the conduct of aggressive apparel exports to the U.S. - said General Director of Exim Bank, Prahalathan Iyer.
According to Indian magazines Outlook, Exim Bank also conducted a study that showed that Bangladesh has continued shipment of clothes from the port of Chittagong. Bangladesh very seriously revenues from the textile industry. Clothing export accounts for 80 per cent. of the total export earnings of the country.
Research to October 2013 after the events connected with the fall of the Rana Plaza, and a wave of fires in factories showed kiku imports sharp slowdown in garment exports from Bangladesh. From November 2013 trends kiku imports are significantly improved.
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