Tag Archives: Bangladesh export earnings

CPD-FES Publication Industrial Safety in the RMG Sector in the Post-Accord-Alliance Era Is the Institutionalisation Process Slowing Down? Industrial safety in the readymade garments (RMG) sector has been passing a critical phase with a lack of proper coordination, monitoring and ...

Export earnings fell 1.38 percent year-on-year to $3.05 billion in March due to a decline in leather goods shipment.

Bangladeshi garments accessories and packaging manufacturers have made a massive new investment to seize a larger chunk of the global export market share.

As Bangladesh, a country of more than 160 million people and an economy worth US$686.5 billion, enters a stipulated six-year graduation period to become a “developing country” by 2024, policymakers expect a few rough patches ahead.

Germany has once again emerged as Bangladesh’s largest export market overtaking the United States in July-February of the current fiscal year 2017-18 due to slow growth in readymade garments export to US market.

Bangladesh lost its apparel export market share in US markets to close competitors last year, data released by the US government shows.

Bangladesh’s export earnings rose by 6.55% to $21.32b in the first seven months of the current fiscal year, with the apparel industry contributing to most of the earnings.

Increased dependence on fabrics import and a lack of proper policy on energy supply are negatively impacting the competitiveness of Bangladesh’s woven garment exports in the global market.

Bangladesh is likely to lose about $2.7 billion in export earnings every year once it graduates from the Least Developed Country bracket, where it has been for 43 years.

Country’s export earnings from United Kingdom, the third largest market for Bangladesh, soared by 19 per cent in the first half of the current fiscal year compared with the same period of last FY due to surging garment exports against Brexit fears.