The astonishing rebound in exports of woven garments after a year and a half has helped to boost Bangladesh’s merchandise shipments in the past year, thanks to increased demand and an influx of goods. increased orders.

With the improvement of the Covid-19 scenario around the world, which prompted people to return to work and participate in formal events, the woven expedition began to recover from August after experiencing negative growth. more than 10% month after month for 18 months.

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In August, fabric exporters reached $ 1.15 billion, registering 4.48% year-on-year growth.

Revenue in December was even better as Bangladesh broke records after grossing $ 1.86 billion, the highest in a single month and up 48.17% year-on-year, according to Bureau data promotion of exports yesterday.

Additionally, fabric shipments reached $ 8.74 billion in the second half of 2021, an increase of 24.50% from the same period a year ago.

Desh Garments, the country’s oldest garment factory, which ships mainly woven shirts, had nearly 75% of its business non-existent until June of last year since the start of Covid-19 in 2020, as retailers and international brands were not placing adequate orders. as demand collapsed.

Shipping began to gradually resume from June with the reopening of economies around the world. And by the end of 2021, the company’s export revenue from shipping woven shirts had grown by 60%.

“The outlook for 2022 is bright as more buyers are ordering from local manufacturers,” said Vidiya Amrit Khan, deputy general manager of Desh Garments.

Shahidullah Azim, managing director of Classic Fashion, which makes woven shirts and pants, says international retailers and brands place a lot of orders for woven items.

However, since local weavers can only provide 40% raw materials for woven garments, manufacturers have to rely on Chinese suppliers for the rest of the fabrics.

“Any disruption in the Chinese supply chain can seriously affect the shipping of garments from Bangladesh. Local garment manufacturers therefore need to build their capacity in the woven sector.”

Khan is a little worried about the spread of the new variant of Covid-19, Omicron, to its main export destinations in Europe and the United States, also Bangladesh’s two main overseas markets.

It is also not satisfied with the demanding discounts from European and American buyers under the pretext of the fallout from Covid-19.

Faruque Hassan, president of the Bangladesh Garment Manufacturers and Exporters Association, is optimistic that the current pace of exports will continue.

“Work orders have yet to be canceled or suspended because of Omicron, but this is still a matter of concern for us as European and American buyers, retailers and brands may close their outlets if the situation is getting worse. “

Another challenge is the abnormal rise in freight costs, which have risen by up to 500 percent.

“If the freight cost does not decrease, the profit margin of the garment manufacturers will decrease further,” Hassan said.

The price of raw materials such as yarn surged in 2021, affecting the shipping of clothing.

“Higher raw material prices and abnormal shipping costs could also hurt the shipment of clothing in 2022,” Hassan warned.

Knitwear exports maintained growth of over 15% during the peak of Covid-19, as people were confined to their homes in many countries due to door-to-door orders.

Fazlul Hoque, Managing Director of Plummy Fashions Ltd, one of the greenest garment factories in the world that mainly produces knitwear, saw 30% growth in 2021 compared to 2020, international retailers and brands placing more orders in his factory.

“I expect growth to continue in 2022 as I have received more work orders from my buyers,” he said.