Trade Data

Team Apparel Resources (AR) recently met Tipu Munshi, Commerce Minister, Bangladesh in his Dhaka office and had a freewheeling discussion on Government support to boost the RMG exports.

As per data from the country’s Export Promotion Bureau (EPB) in the last fiscal year of 2021-22, Bangladesh shipped sweaters worth US $ 5.64 billion, registering 39.25 per cent year-on-year growth, compared to what was US $ 4.05 billion i

According to Bangladesh’s Export Promotion Bureau (EPB), apparel shipments to Korea experienced a positive growth over the past five years despite the pandemic-led slowdown.

A debate has been going on in the Bangladesh garment sector regarding whether the devaluation of Taka has benefited the apparel makers while adversely impacting the garment workers.

The non-traditional and new apparel export destinations continue to bring rich dividends for Bangladesh as in its outstanding export performance in FY ’22, most of the non-traditional markets contributed.

Bangladesh Prime Minister has recently thrown open the Padma Multipurpose Bridge which is going to give a facelift to Bangladesh’s overall economy while also benefiting the country’s apparel industry.

Team Apparel Resources (AR) discusses with Mohammed Kamal Uddin, Chairman of BGMEA Standing Committee on Trade Fair, as to how the important pillars – the Industry, Government and the Export Houses – plan to work in cohesion to achieve

The ongoing Russia-Ukraine war, which is showing little signs of ending soon, has somewhat slowed down Bangladesh’s apparel exports to Russia. Garment makers are but hopeful a turnaround is round the corner.

At first, it appears Bangladesh managed to have escaped the implications of major inflationary pressure of The European Union (EU) and the USA after it registered a near 50 per cent growth in June – amounting to US $ 3.52 billion. However