https://sputniknews.in/20231122/worlds-top-10-textile-exporters--5527141.html
World's Top 10 Textile Exporters
World's Top 10 Textile Exporters
Sputnik India
As workers' protests in Bangladesh threaten the country's highly developed textile industry, Sputnik India looks at which countries are among the top 10 textile exporters.
2023-11-22T15:04+0530
2023-11-22T15:04+0530
2023-11-22T15:04+0530
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Regarding global textile exports, Bangladesh's journey has been nothing short of remarkable. Not only did it reclaim its second position as an apparel exporter in 2021, with earnings reaching an impressive $35.81 billion, but it also managed to maintain this position in 2022. This success has allowed Bangladesh to expand its market share to an impressive 7.9%. However, amidst Bangladesh's triumphs, a poignant narrative unfolds within the country’s borders. Recent protests over wages led to the closure of hundreds of garment factories, shedding light on the harsh realities faced by workers.Approximately 150 factories have been forced to shut down, greatly affecting a workforce that accounts for a substantial 85% of the country's annual exports. This includes renowned global brands such as Levi's, Zara, and H&M. Bangladeshi workers have strongly voiced their demand for higher wages and have firmly rejected the government's proposed increase of 56.25%.Bangladesh's commitment to retaining its position as the world's second-largest apparel exporter is a testament to its strategic maneuvers. Notably, the country attributes its growth to a shift towards value-added products and a strategic relocation of orders from China.Check out the infographic that showcases the top countries in textile exports!
https://sputniknews.in/20231111/bangladesh-closes-hundreds-of-factories-after-police-crackdown-on-protesting-workers-5358756.html
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global textile exports, bangladesh textile, apparel exporters, banglades textile export earnings, bangladeshi textile market share, bangladesh recent workers protests, protests over wages in bangladesh, bangladesh garment factories, workers in bangladesh, 150 factories shut down in bangladesh, bangladesh workforce impact, levi's, zara, h&m, workers demand better pay in bangladesh, government-proposed increase of wages in bangladesh, is bangladesh second-largest apparel exporter, bangladesh textile growth, bangladeshi shift towards value-added products, relocation of orders from china to bangladesh
World's Top 10 Textile Exporters
With Bangladesh up against ongoing worker protests, jeopardizing the country's thriving textile industry, Sputnik India delves into the top 10 countries leading the textile export market.
Regarding global textile exports, Bangladesh's journey has been nothing short of remarkable. Not only did it reclaim its second position as an apparel exporter in 2021, with earnings reaching an impressive $35.81 billion, but it also managed to maintain this position in 2022. This success has allowed Bangladesh to expand its market share to an impressive 7.9%.
However, amidst Bangladesh's triumphs, a poignant narrative unfolds within the country’s borders. Recent protests over wages led to the closure of hundreds of garment factories, shedding light on the harsh realities faced by workers.
Approximately 150 factories have been forced to shut down, greatly affecting a workforce that accounts for a substantial 85% of the country's annual exports. This includes renowned global brands such as Levi's, Zara, and H&M. Bangladeshi workers have strongly voiced their demand for higher wages and have firmly rejected the government's proposed increase of 56.25%.
Bangladesh's commitment to retaining its position as the world's second-largest apparel exporter is a testament to its strategic maneuvers. Notably, the country attributes its growth to a shift towards value-added products and a strategic
relocation of orders from China.
Check out the infographic that showcases the top countries in textile exports!
