Bangladesh Fabric Exhibition has become a good opportunity to enter into Bangladesh textile market.

The annual Bangladesh Fabric Exhibition will be held from late August to early September. The organizer of this international exhibition is.Ministry of Commerce of Bangladesh, the exhibition is located atChina-Bangladesh Friendship Convention and Exhibition Center.This four-day event will bring together tens of thousands of textile professionals.

Bangladesh has a population of 145 million and its market is growing day by day.Textile is the country’s largest export industry, with the fast-growing garments accounting for over 76% of total exports. Bangladesh has become the world’s fourth largest garment exporter after China, the European Union and Turkey.Bangladesh is the largest supplier of cotton T-shirts and the second largest supplier of sweaters and jeans to the EU market.Last year, it was the second largest supplier of cotton pants to the U.S. market.Bangladesh currently has 247 private spinning mills with a production capacity of 5.2 million spindles; 365 weaving mills with a production capacity of 900 million meters of grey cloth.There are also 1.1 billion meters of gray cloth produced with mechanical and semi-mechanized looms and more than 4,000 garment factories employing 4.5 million workers.

Fabric Exhibition in BangladeshThe contents of the exhibition mainly include:Synthetic fiber fabrics, natural fiber fabrics, yarns and fibers, home textiles, duvet covers, blankets, bed linen, fibers, monofilaments and raw materials, straps, buttons, ribbons, buttons, zippers,Spinning, sewing and ironing equipment, CAD/CAM machines and accessories for leather, shoemaking machines and accessories,Textile chemicals, etc.

In order to accelerate the country’s economic development, the Government of Bangladesh attaches great importance to attracting foreign investment and has promulgated a series of financial and non-financial incentives and policies.These include tax exemptions, removal of all non-tariff barriers, duty-free import of capital goods and cash assistance to exporters for sourcing fabric from the country.Bangladesh also follows very liberal and open import practices, has a stable currency and low inflation despite intense international competition.Bangladesh can compete with any country in exporting textiles and garments, and its huge potential and market opportunities have led to continuous growth of the country’s textile industry year after year.Now it is time to enter the Bangladeshi market.

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