Fashion
Bangladesh’s BGMEA makes unit price entry mandatory for UD certificate
A UD certificate is a key customs document authorising the use of duty-free imported raw materials for manufacturing export-oriented garments. It is required for customs clearance, export processes and trade preferences and cash incentives.
The Bangladesh Garment Manufacturers and Exporters Association recently made it mandatory for factories to provide the unit price of imported raw materials and readymade garments produced for export to get utilisation declaration (UD) certificates.
The move, to be implemented from September 1, is aimed at ensuring transparency and accurate valuation in the industry.
The move is aimed at ensuring transparency and accurate valuation in the industry.
A BGMEA circular instructed member factories to include the information to receive the UD certificates from the trade body from September 1.
“To sustain the competitiveness of the locally produced exportable garment items in the international market and to maintain the trust of foreign buyers, it is essential to accurately declare the unit price of imported raw materials and the corresponding exportable garments produced in BGMEA member factories,” read the circular.
The notice said both global buyers and domestic regulators, including the National Board of Revenue, have raised questions about transparency and accurate value addition by the industry in the absence of unit price, according to domestic media outlets.
Both BGMEA and the Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) issue UD certificates to their members against each work order, detailing exporter, importer and raw material information.
Around 1800 member factories receive UD certificates from BGMEA every month.
Local garment items’ value addition remained almost static between 60 per cent and 64 per cent from fiscals 2012-13 to 2018-19, according to Bangladesh Bank data.
Fibre2Fashion News Desk (DS)
Sri Lanka’s apparel exports have recorded steady growth in July 2025, rising by 9.84 per cent to $455.16 million compared with $414.38 million in July 2024. Exports to the EU (excluding the UK) posted the strongest gain of 26.69 per cent, while shipments to ‘Other’ markets grew by 24.24 per cent. The UK market saw only a marginal increase of 0.72 per cent, and exports to the US declined by 2.7 per cent during the month.
Sri Lanka’s apparel exports rose 9.84 per cent YoY in July 2025 to $455.16 million, driven by a 26.69 per cent surge to the EU and 24.24 per cent to ‘Other’ markets, though the US fell 2.7 per cent.
January–July exports grew 9.09 per cent to $2.92 billion, with gains across all key destinations.
JAAF said the performance reflects adaptability, urging trade support and value addition to sustain growth.
For the cumulative period of January to July 2025, total apparel exports reached $2,916.10 million, up 9.09 per cent from $2,673.19 million in the same period of 2024.
Growth was broad-based across markets, with exports to the EU (excluding the UK) rising by 18.2 per cent, to ‘Other’ markets by 11.02 per cent, to the UK by 5.65 per cent, and to the US by 2.91 per cent, Joint Apparel Association Forum (JAAF) said in a release.
“The growth seen in July and over the first seven months of 2025 highlights the adaptability of Sri Lanka’s apparel industry and its firm position in key markets such as the EU. This performance reflects manufacturers’ ongoing efforts to meet buyer expectations on speed, quality, and compliance. Sustaining momentum will require expanded trade opportunities, supportive policies, and a stronger focus on value addition across the supply chain,” a spokesperson for JAAF said.
Fibre2Fashion News Desk (HU)
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North India’s cotton yarn market is reeling from the 50 per cent US tariffs, forcing spinning mills and stockists to offer steep discounts.
While yarn prices in Ludhiana and Delhi remained steady, Panipat saw a ₹2–3 per kg dip in recycled PC and cotton yarn amid selling pressure.
Market experts said the duty-free cotton import extension may cushion mills by lowering production costs.
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