CPD RMG Study Stitching a better future for Bangladesh
Despite an impressive growth of our Gross Domestic Product over two decades, the contribution of exports to GDP remains disappointing low, and is on a declining trend for a few years now.
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Bangladesh lagging behind in Garment exports to US
Garment shipment to the US, Bangladesh's single largest export destination, grew only 3.41 percent in the first quarter of the fiscal year in a worrying development for exporters who hope to hit $50 billion in receipts by 2020. In the first quarter of 2017-18, apparel shipments fetched $1.36 billion, according to the Export Promotion Bureau.
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