Garment exports: Pakistan never gained what Bangladesh lost

In this age of cutthroat competition in the international market, the country’s textile sector has failed to grab the export orders from global buying houses, which the Bangladeshi garment sector has lost in recent months due to political turmoil in that country.

According to the latest details, Bangladesh saw a 24% decline in its garment exports during the month of July 2007 when compared to same month a year earlier, which exporters of that country attributed to political disturbances and labour unrest for quite some time.

It is pertinent to mention that during December 2006, the same situation happened when agitation and political upheaval in Bangladesh caused a massive decline in its garment exports and the Pakistani textile sector capitalized on this situation well by grabbing a major share of their export orders. However, this time, the country could not take advantage of this situation as no visible growth was seen in textile exports during these months.