BKMEA guide to help exporters enhance price


FE Report | Published: September 05, 2014 00:00:00 | Updated: November 30, 2026 06:01:00



The knitwear sector grouping has published a directory for the first time, which will help local exporters increase their shipment prices.
In the book titled 'Global Buyers Information Directory', it has detailed information about foreign buyers, and comparative import prices of textiles items, the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) said.
The directory containing information of more than 20,000 buyers from 160 countries would help local exporters in price negotiation and making deal, the BKMEA said in a statement.
In the 1,000 pages directory, top 50 foreign buyer's information along with Xerox copy of communication among the buyers and the exporters has also been included.
Most important features of the book is the import prices of goods that the foreign buyers imported from other countries has also been incorporated which would help the locals in price negotiation.
"Local exporters offer far lower prices than the exporters of our competing countries as they do not have knowledge over their competitors abroad," the press release said.
"Now our exporters would be able to increase export prices of their goods by around 15 per cent as they know the competitors price range."
Besides, the directory also included name, e-mail, mobile, fax number, website address, of the buyers along with GDP, per capita income, economy, sea port, capital, time differences with Bangladesh and other important information of the buyers and their respective countries.
"If the local buyers know the competing country's exporters then they would be able to offer prices based on that. It would help increase export earning of the country significantly," the statement said.
The directory not only incorporated knitwear buyers' information but also included woven and other readymade garments importers' information.

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