The paper makes an attempt to estimate nominal and effective rates of protection being provided for various components of Bangladesh’s and spinning weaving economy. The most significant finding of the paper is that handlooms receive significantly lower effective rates of protection (ERP) than powerlooms. Also, the ERP estimates of our study for mill-made, typically relatively coarse, fabrics are found to be lower, too, than for corresponding handloom ERPs. The disadvantage of the handlooms in terms of ERP contributes an interesting factual detail in the background from which one needs to forge the development priorities of Bangladesh’s textile economy, and its weaving economy in particular.