Comapny Tpye: Industry and Trade Integration
Main products: Garment labels, Plastic zippers, Woven trimmings
Report Creation Date: 2026-02-17
Talisman Ltd is a Costa Rican legal entity with operational address in Brovary, Kyiv Oblast, Ukraine — indicating a cross-jurisdictional corporate structure. It functions primarily as a procurement and supply chain intermediary for textile and apparel-related accessories, sourcing predominantly from Bangladesh and India. Its trade activity is highly concentrated in the South Asian region, with over 86% of transactions linked to Bangladesh-based suppliers. A notable surge in monthly transaction volume occurred from mid-2024 onward, peaking at 1.96M units in October 2025 — signaling active scaling or seasonal ramp-up.
Data interpretation reveals extreme temporal concentration: 92% of all transactions (3,422/3,719) occurred in the last 12 months (Jan 2025–Dec 2025), with volatility — monthly volume ranged from ~65k to 1.96M units. The steep rise since Q3 2024 reflects rapid operational scaling rather than organic growth. This pattern suggests either new contract wins, platform onboarding, or inventory build-up ahead of peak season. Rapid expansion carries execution risk — especially given the narrow geographic and supplier base.
| Year-Month | Transaction Volume | Transaction Count |
|---|---|---|
| 2025-12 | 1,845,680 | 223 |
| 2025-11 | 520,210 | 227 |
| 2025-10 | 1,958,080 | 266 |
| 2025-09 | 1,240,970 | 210 |
| 2025-08 | 241,038 | 154 |
| 2025-07 | 358,124 | 188 |
| 2025-06 | 200,850 | 112 |
| 2025-05 | 127,774 | 134 |
| 2025-04 | 120,144 | 155 |
| 2025-03 | 471,286 | 106 |
Data interpretation shows overwhelming dominance by Bangladeshi suppliers (93% of top 20 partners), with Helsa Icon India Pvt. Ltd. and YKK Bangladesh Pte Ltd. as top two — both globally recognized in labeling and fastening systems. The list includes 15+ packaging and textile accessory manufacturers, many with ‘Bangladesh’ in their legal names — confirming Talisman Ltd’s role as a regional aggregator for global brands sourcing from Bangladesh’s RMG ecosystem. No Western or Chinese suppliers appear in top 20, reinforcing its South Asia–focused model. High partner concentration increases dependency risk — loss of even one top-tier supplier could disrupt >8% of total transaction count.
| Rank | Trade Partner | Country | Transaction Count | % of Total |
|---|---|---|---|---|
| 1 | Helsa Icon India Pvt. Ltd. | India | 313 | 8.62% |
| 2 | 001 YKK Bangladesh Pte Ltd. | Bangladesh | 297 | 8.18% |
| 3 | Uniglory Packaging Industries Ltd. | Bangladesh | 158 | 4.35% |
| 4 | Taiwan Bangla Specialized Textiles | Bangladesh | 144 | 3.97% |
| 5 | Checkpoint Systems Bangladesh Ltd. | Bangladesh | 126 | 3.47% |
| 6 | Talisman Performance Ltd. Change | Bangladesh | 123 | 3.39% |
| 7 | M. Y. & Union (BD) Limited Change | Bangladesh | 112 | 3.09% |
| 8 | Mainetti Bangladesh Ltd. | Bangladesh | 106 | 2.92% |
| 9 | Amann Bangladesh Ltd. | Bangladesh | 93 | 2.56% |
| 10 | M B M Accessories | Bangladesh | 93 | 2.56% |
Data interpretation highlights functional coherence: top HS codes map precisely to garment finishing and packaging — labels (62171000), plastic zippers (96071100), woven trims (62179090), PVC-coated fabrics (59032010), corrugated boxes (48191000), plastic hangers (39262090), and garment bags (48211000). Over 60% of transactions fall under just five codes — confirming a tightly defined product scope aligned with ready-made garment (RMG) supply chain needs. This specialization supports scalability but limits diversification — exposure to RMG demand cycles is structural.
| HS Code | Description | Transaction Count | % of Total |
|---|---|---|---|
| 62171000 | Labels, badges, emblems (textile) | 457 | 12.31% |
| 96071100 | Plastic zippers | 303 | 8.16% |
| 62179090 | Other trimmings (woven, non-elastic) | 259 | 6.98% |
| 59032010 | PVC-coated fabrics | 233 | 6.28% |
| 48191000 | Corrugated paper boxes | 213 | 5.74% |
| 39262090 | Plastic hangers | 167 | 4.50% |
| 48211000 | Garment bags (paper) | 166 | 4.47% |
| 39232100 | Plastic bottles & containers | 125 | 3.37% |
| 58079000 | Woven labels (non-textile) | 122 | 3.29% |
| 60041000 | Knitted elastic tape | 118 | 3.18% |
Data interpretation confirms near-total regional anchoring: Bangladesh accounts for 86.83% of all transactions (3,224/3,719), India for 13.14% (488), and South Korea for just 1 transaction (0.03%) — now inactive. The absence of EU, US, or ASEAN countries among top regions signals a deliberate focus on sourcing from low-cost RMG hubs rather than end-market distribution. All active trade flows originate from South Asia, with zero evidence of intra-Costa Rica or Ukrainian domestic activity. Geographic monoculture creates systemic vulnerability to policy shifts (e.g., EU CBAM, Bangladesh labor compliance audits).
| Region | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|
| Bangladesh | 3,224 | 86.83% | 2025-12-30 |
| India | 488 | 13.14% | 2025-12-27 |
| South Korea | 1 | 0.03% | 2023-03-24 |
Data interpretation shows Dhaka as the overwhelming logistical hub — handling 74.74% of shipments — followed by Adamjee (8.78%) and Chattogram (3.87%), all major Bangladeshi ports. Air cargo usage (Hyderabad, Delhi, Mumbai, Bangalore) remains marginal (<3% combined), suggesting time-sensitive orders are rare. The emergence of new air points (Bangalore Air Cargo, Hyderabad Air Cargo) since mid-2025 indicates tentative testing of faster alternatives — but sea freight still dominates logistics architecture. Heavy reliance on Dhaka port introduces congestion and customs delay risks — particularly during monsoon or holiday peaks.
| Port | Transaction Count | % of Total | Latest Transaction |
|---|---|---|---|
| Dhaka | 2,707 | 74.74% | 2025-12-30 |
| Adamjee | 318 | 8.78% | 2025-12-30 |
| Hyderabad | 176 | 4.86% | 2025-12-26 |
| Chattogram | 140 | 3.87% | 2025-12-30 |
| Petrapole Road | 87 | 2.40% | 2025-12-27 |
| Cumilla | 59 | 1.63% | 2025-12-01 |
| Delhi | 25 | 0.69% | 2025-11-05 |
| Hyderabad Air | 23 | 0.64% | 2024-05-30 |
| Hyderabad Air Cargo | 6 | 0.17% | 2025-09-02 |
| Mumbai (ex Bombay) | 5 | 0.14% | 2025-12-16 |
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