Bangladesh an Asian multicultural nation is right now one of the leading textile industries of the world with a huge production sector; capturing almost 16% of the total GDP rate of the nation in 2023. The low-cost labor workforce engaged in the textile industries of the nation i.e. the minimum wage for garment workers makes this an attractive choice for the top leading clothing brands. Apart from this, the affordable rates offered by the trade management authorities and quality-equipped delivery service via the transportation ports make it an ideal choice of destination for textile exports.
Different types of thread, yarn, mohair, industrial textiles, woolen fabrics, synthetic fibers, and many others are produced in a wide variety in the product manufacturing sectors to serve the individual acquired needs as per the demands of the importers worldwide. The increasing demands of different textiles products in the fashion and clothing industry have led to an export trade value of 70 billion US dollars in 2023 i.e. a tremendous growth from the export trade value of 2020 worth 34 billion US dollars in 2020.
According to the Bangladesh Export Data, the top 10 textiles exports of the nation in 2023 are discussed below,
• Ready-Made Garments – Valuations of Ready-Made Garments exported from Bangladesh in 2023 – 52 billion US dollars.
• Knitwear – Valuations of Knitwear export from Bangladesh in 2023 – 41 billion US dollars.
• Woven Fabrics – Valuations of Woven Fabrics exported from Bangladesh in 2023 – 34 billion US dollars.
• Home Textiles – Valuations of Home Textiles export from Bangladesh in 2023 –22 billion US dollars.
• Mohair – Valuations of Mohair export from Bangladesh in 2023 – 18 billion US dollars.
• Jute and Jute Goods – Valuations of Jute and Jute Goods export from Bangladesh in 2023 – 12 billion US dollars.
• Footwear – Valuations of Footwear export from Bangladesh in 2023 –10 billion US dollars.
• Leather Goods – Valuations of Leather Goods exported from Bangladesh in 2023 – 7 billion US dollars.
• Handicrafts – Valuations of Handicrafts exported from Bangladesh in 2023 – 5 billion US dollars.
• Yarn – Valuations of Yarn export from Bangladesh in 2023 – 2 billion US dollars.
1. Square Textiles Ltd – Total export value of the textile produced in Square Textiles Ltd 2023 – 60 billion US dollars.
2. Pacific Jeans Ltd – Total export value of the textile produced in Pacific Jeans Ltd 2023 – 48 billion US dollars.
3. Beximco Group – Total export value of the textile produced in Beximco Group 2023 – 31 billion US dollars.
4. Fakir Knitwears Limited – Total export value of the textile produced in Fakir Knitwears Limited 2023 – 20 billion US dollars.
5. Paramount Textile Limited – Total export value of the textile produced in Paramount Textile Limited 2023 – 18 billion US dollars.
6. DBL Group – Total export value of the textile produced in DBL Group 2023 –14 billion US dollars.
7. Knit Concern Group – Total export value of the textile produced in Knit Concern Group 2023 – 10 billion US dollars.
8. Anlima Yarn Dyeing Ltd – Total export value of the textile produced in Anlima Yarn Dyeing Ltd 2023 – 8 billion US dollars.
9. Envoy Textiles Ltd – Total export value of the textile produced in Envoy Textiles Ltd 2023 – 6 billion US dollars.
10. Bando Design Ltd – Total export value of the textile produced in Bando Design Ltd 2023 – 4 billion US dollars.