Bangladeshi readymade garments have hit a record growth rate in Japanese market during January-August period of the current year, Rabab Fatima, Bangladesh Ambassador to Japan, said.
She said, “Bangladesh is the 2nd largest garments exporter in the world, and Japan is our number one destination for garments products in Asia. Knitwear is currently our number one export item to the world's third largest economy.”
“In terms of both value and volume, Bangladesh is the 3rd largest garments exporter to Japan with 5.9 per cent of the volume of share and 3.9 per cent of the value of Japanese import.”
During January-August 2018, the 128.2 per cent growth of Bangladeshi products was the highest among all the exporting nations, said the ambassador.
Bangladesh Ambassador to Japan Rabab Fatima delivering her speech at a seminar ‘Opportunities and Challenges of Bangladesh in Japanese apparel market’
She revealed the information while delivering her keynote speech at a seminar titled ‘Opportunities and Challenges of Bangladesh in Japanese Apparel market’ in Tokyo on Monday, according to a statement.
Tomofumi Nishizawa, Research manager of JETRO, IkueToshinaga, Industrial Development Officer of UNIDO; Senior Researcher of JTIA, were present at the seminar.
Yoshiaki Kamiyama and Atsuyuki Sano of CAT Garment on Bangladesh Apparel also joined the function.
The speakers in the seminar discussed on the potentials of Bangladesh apparels sector in Japan.
Many buyers and representatives of Japanese companies were present at the seminar.
The seminar was organised by the Embassy of Bangladesh in collaboration of Ministry of Commerce and Export Promotion Bureau of Bangladesh and was supported by Japan External Trade Organization (JETRO), United Nations Industrial Development Organization (UNIDO), Japan-Bangladesh Committee for Commercial and Economic Co-operation (JBCCCEC) of The Japan and Tokyo Chamber of Commerce and Industry (JCCI & TCCI) and Japan Textile Importers Association (JTIA).
Eleven apparel and leather companies from Bangladesh are joining the Fashion World Tokyo 2018.
The Ambassador inaugurated the Bangladesh pavilion and thanked the exhibitors of the participating organisations.
Prominent apparel companies were exhibiting their latest product whereas leather companies were showcasing their high-quality products at the fair.
The event was a successful business matching opportunity for both Japanese buyers and Bangladeshi companies, the statement added.
-shuvo//rmc