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Editorial: Clothing exports from Bangladesh continue to boom despite concerns over building safety--but for how long?
published in Issue 197, April 2019
Bangladesh has been one of the world's fastest growing suppliers of clothing over the last ten years. As a result, the country has become the third biggest supplier to the USA and the second biggest supplier to the EU in value terms. Clothing exporters in Bangladesh benefit from special access to the EU market under the EU's Generalised Scheme of Preferences (GSP) Everything But Arms (EBA) arrangement, and such access has helped the country to increase its shipments to the EU dramatically in recent years. However, Bangladesh's exports to the EU are under constant threat, and duty-free access to the EU could be revoked if the Bangladeshi government does not take the necessary steps to significantly improve building safety standards and labour conditions in the country. Also, Bangladesh could become a victim of its own success and lose its preferential access if the Bangladeshi government achieves its aim for the country to achieve middle income status by 2021. In this report, Robin Anson analyses the challenges faced by the clothing industry in Bangladesh with particular reference to progress made since the collapse of Rana Plaza on April 24, 2013. Also, he discusses the dispute between the Accord on Fire and Building Safety in Bangladesh (the Accord) and the Bangladeshi government as to when the Bangladeshi government will be ready to take over any remaining remediation work.
Six times a year, Textile Outlook International provides up to 200 pages of expert comment and analysis. A subscription provides an overview of the global fibre, textile and apparel industries. It is essential reading for senior executives in the fibre, textile and apparel industries and for anyone who is not involved in the industry, but needs to quickly gain an understanding of the key issues.
Reports in Textile Outlook International include:
country profiles providing a comprehensive guide to the textile and clothing industries in a range of countries and regions. The reports include an economic and political profile together with a comprehensive overview of the main issues, plus an outlook for the future.
company profiles giving you the opportunity to learn from strategies employed by others. Companies profiled recently include retailers, manufacturers, innovators and sourcing companies involved in textiles and apparel as well as smaller companies which illustrate the opportunities for firms which are interested in selected sourcing locations.
trends in world textile and apparel trade and production taking into account current issues facing the industry such as global fibre prices; competition from China and other low cost countries; the elimination of quotas and imposition of selective new ones; relocation of production operations; the impact of economic factors affecting trade; international trade agreements; trade promotion agreements (TPAs); and much more.
trends in EU and US imports of textiles and clothing providing comprehensive statistical data and analysis of the top ten supplying countries to the EU and US markets. These reports are updated each year and contain value and volume data as well as average prices and analyses of trends for up to 15 product categories.
innovations, technological developments, business development opportunities, individual sector analysis and political implications which affect players in the global fibre, textile and apparel industries. Some of the topics which have been covered in recent reports include: new innovations in the textile and clothing industry, such as environmentally friendly textiles, plant based fibres, and developments in textile colorants; innovations in textile machinery; and overviews of the European swimwear, hosiery and lingerie markets.
So whether you are involved in fibres, textiles or clothing in manufacturing, spinning, weaving, knitting, sewing, import/export, retailing or if you are in education or consultancy or investment or finance, a subscription to Textile Outlook International will tell you what you need to know about the key trends in the industry.
Textile Outlook International is available on subscription either in printed format only, or in printed and electronic format. If you choose the printed only option, you will receive 6 printed publications a year, containing a total of 30 reports plus editorials written by Robin Anson, our editorial director and in-house industry expert.
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