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T-shirts drive exports to Germany

Refayet UL jam Mirdua
Bangladesh's share in the German apparels market is widening rapidly due to high demand for local T-shirts, industry leaders say.
In 2008. Bangladesh ranked third in the export of T-shirts to Germany, following the intra-EU 27 nations and Turkey, according to data from the Export Promotion Bureau (EPB) and research carried out by the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA).
Bangladesh's position in the export of T-shirts to Germany may remain the same in fiscal 2009-10. In fiscal 2008-09, Bangladesh exported knitwear worth $1.34 billion and woven garments worth $802 million to the European country.
Local exporters are expected to see brighter days ahead as Germany has escaped the clutches of its worst
recession in over 60 years. latest official data showed that consumption helped Europe's biggest economy grow by 0.3 percent in the second quarter.
The positive growth figures are the latest in a series of economic data that suggests Germany might bounce back relatively quickly from a deep and painful recession.
A Matin Chowdhury, managing director of Malek Spinning Mills Ltd, said one of his companies, Knit Asia, exported knitwear products worth $40 million to the EU, mainly Germany, last year.
"Germany is the single largest export destination for Bangladeshi apparels items after the US,” Chowdhury said. "However, all potential to grow exports would remain unutilised if the supply of gas cannot be ensured."
Dragon Group Managing Director Mostafa Q Sobhan said he
exported sweaters worth $15 million to Germany last year. "The German economy is growing at a good rate and so our potential to shine in that country is also bright."
In fiscal 2008, the value of total imports of T-shirts to Germany was 1.69 billion euros, 2.29 billion euros for sweaters with a 22.54 percent market share, 1.3 billion euros for denim with an 11.76 percent share, while trousers have a 17.26 percent market share.
Bangladesh's share of globaJT-shirt exports to Germany was 18.47 percent in 2008, up from 15.33 percent in 2007. China's share was 10.55 percent in 2008 and 8.66 percent in 2007
India had a 7.33 percent share in 2008, down from 7.85 percent in 2007, and Turkey's share was 24.06 percent in 2008 and 26.36 percent in 2007.
The other major knitwear export
items from Bangladesh are socks, tights and pantyhose, cotton garments for babies, blouses, stockings and cotton trousers and sweaters.
In 2008, Germany imported knitwear items worth $14.31 billion and woven garments worth $16.91 billion, while total imports were worth $ 1.53 trillion and exports were $1.2 trillion.
The top-10 knitwear import items in Germany constitute 60.89 percent of market share. Among the products, cotton T-shirts take the lead, while demand for items made out of manmade fiber is gradually falling.
In the export of woven garments to Germany in 2008, intra-EU nations lost 9 percent, China gained 16 percent, TUrkey lost 3 percent, Bangladesh gained 1 percent and India gained 1 percent.
reefat@thedailystar.net