Month: March 2022

Industrial

Bangladesh to export non cotton garments worth $42bn by 2032

The use of non-cotton fibre in garment production in Bangladesh increased to 29% from 25% over the last three years. The rise was owing to local apparel exporters moving away from cotton to incorporate more man-made fibre to get better prices and increase business, according to the findings of a

Factory

Garments exporters received $47.38b in 2023

Garments exports from Bangladesh earned $46.99 billion in fiscal 2022-23, registering a moderate y-o-y growth of 10.27%, which was $42.61 billion in the last fiscal year, according to the Export Promotion Bureau (EPB). Apparel exports helped in taking the country's overall exports in fiscal 2022-23 to another record-high of $55.56