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Thursday, 14 January 2021 15:27

Bangladesh home textile exports moves north amid pandemic

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Bangladesh’s exports earning from home textile products in 2020 clocked in 15 per cent growth and reached $936 million, very close to its target of $1 billion, says Export Promotion Bureau. The work from home culture in the West has turned out to be a mini blessing for Bangladesh’s home textile exporters.

Bangladesh, the second-largest exporter of apparel goods, has been able to take the advantage of rising demand for cosy home textile as it has a range of quality products at reasonable prices. Home textile include bed linen, bed sheet and other bedroom textiles, bath linen, carpets and rugs, blankets, kitchen linen, curtains, cushions and cushion cover and covers for quilts.

Bangladesh’s exports earning from home textile products posted a 15 per cent growth to $936 million last year, close to its target of $1 billion. In contrast, apparel, which brings home the lion’s share of export earnings, posted a 17 per cent drop in receipts to $27.5 billion in the same year. However, during the July-December period of fiscal 2020-21, home textile shipments registered a 48 per cent growth to $547.48 million.