Bangladesh’s yarn and fabrics exports rose 20.46 per cent between July and May. There are 450 spinning mills and nearly 1,300 small and medium weaving mills in Bangladesh. At least six large spinning mills have started exporting specialised cotton yarn, which is very fine, to Indonesia, Sri Lanka and Turkey. Emerging garment producing countries such as Ethiopia, Myanmar and Cambodia are also potential export destinations for Bangladesh’s yarn and fabric producers. Although there is a lot of demand for yarn and fabrics from Bangladesh, consumption from garment factories is also growing to feed rising garment exports. If domestic spinners and weavers produce more yarn and fabrics, Bangladesh will have more export potential.

Since yarn prices in Bangladesh are lower than in other countries, Bangladesh’s exports are set to see good growth. Companies come to Bangladesh to buy yarn because the country is strong in the production of cotton yarn and many other countries have started manufacturing mixed yarn. In case of mixed yarn, millers use other ingredients with cotton. Turkey a strong manufacturer of knitwear with finer yarn has become a good destination for Bangladeshi product.

However, for higher production of yarn and fabrics, the country needs more investment in the primary textile sector.