BANGLADESH AND TURKEY: KNITTING EXPORT RIVALS WITH COMMON INTERESTS
March 1st, 2013
BANGLADESH and Turkey are knitwear rivals, with differing levels of development. Bangladesh overtook Turkey in 2010 becoming the world’s second largest knitwear manufacturer (by output) in the year ending June 2010, pushing the Turks into third place.In the year ending June 2010, Bangladesh exported 7.78 billion pieces of knitted items or USD 6.48 billion worth of knitwear, overtaking Turkey's shipment of 7.74 billion pieces, according to BKMEA.And since then they have been competing neck-to-neck. Turkey’s clothing sector still claims it has the edge when it ...
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