Revenue

Bangladesh has the largest textile industry in the world. The industry remains the strongest root of the economy and the leading source of export earnings, accounting for about 80% of the total exports. Bangladesh is the second-largest textile exporter behind China. This industry employs up to 3.5 million people, of which the majority (80%) are women, the highest female labor participation in the country. In 2009, Bangladesh exported US$ 120.1 billion worth of textiles. About 60% of the textile is exported to Europe and about 40% to America.

The major challenges faced by those working in the textile industry are low pay and less-than-ideal working conditions. Workers are prohibited from forming labor unions and striking.

Bangladesh plays a crucial role in the global textile industry, being the second-largest exporter after China. The sector is vital for the country’s economy, contributing significantly to export earnings and providing employment for millions, especially women, who make up a substantial portion of the workforce.

However, the industry faces serious challenges. Low wages and poor working conditions remain pressing issues. Many workers are unable to voice their concerns due to restrictions on labor unions and strikes, which exacerbates their vulnerabilities. Addressing these challenges is essential for ensuring fair labor practices and improving the overall sustainability of the industry.

Efforts to enhance working conditions and wages, alongside fostering a more supportive environment for workers’ rights, are crucial for the future of Bangladesh’s textile sector and its workforce.