Tag: transport

Factory

Bangladesh’s garment exports earned a record $47.38 billion in 2023

The sector has witnessed a qualitative shift in product portfolio, moving beyond basic garments to higher-end products like non-cotton, outerwear, activewear and suits.   Apparel exports from Bangladesh hit a milestone last year fetching an all-time high of nearly $47 billion, eclipsing the previous record set in 2022 by about

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Garment exports to face rocky recovery in 2024

Garment exports from Bangladesh may witness moderate growth of between 7 and 10 percent in 2024 after struggling to perform strongly in the outgoing year due to a global economic slowdown.   In January-November of the outgoing year, garment shipments from the country grew 4.35 percent year-on-year to $42.83 billion,

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2024 will be a good year for RMG exporters

Garment exports from Bangladesh are anticipated to experience a moderate growth ranging between 7 and 10 percent in 2024, rebounding from a sluggish performance in the previous year due to a global economic slowdown. Throughout January-November of the past year, the country’s garment shipments registered a modest year-on-year growth of