• Bangladesh is the unbeatable global supplier for basic and semi basic knit and woven wear, due to its strength of low cost labor and GSP/LDC facilities.

• Textile sector is considered as Thrust Sector by the Government, giving special incentives to entrepreneurs, which in turn has augmented the overall increase of production capacity and diversification of product mix.

• Competitive wage rate together with easily trainable workforce, entrepreneurial skill, expanding supply side capacity, and government policy support helped to translate the comparative advantages into competitive advantages.

• The core strength of the industry low cost labor and the backward linkage. The entrepreneurs of the sector not only increased their stitching capacity overtime but also invested in the allied industry to augment the overall capacity of the total sector with the same pace. Over the period of time knitwear and denim have gradually become almost self sufficient in fabric and yarn. This improvement has become possible because of the integrated growth of spinning and denim fabric factories in line of the growth of country’s stitching capacity and increased need of the yarn and fabric.
EXPORT PERFORMANCE
• In 2010 Bangladesh achieved a total garment export figure of 11.00 Billion US Dollar – increase of 17.39% over last year.