"This sudden decision could severely disrupt bilateral trade"
“We have learned about the restrictions through media reports and social media,” Bashir Uddin told reporters today at the Secretariat in Dhaka
India has imposed restrictions on the import of garments, agro-processed foods, furniture and other goods from Bangladesh through land ports, a move likely to disrupt trade flows and increase logistical challenges for exporters.
After two months of sluggish growth, Bangladesh’s exports surged in March, driven by strong growth in the readymade garment (RMG) sector.
“Bangladesh’s export sector has demonstrated a commendable performance,” said the EPB
One might be forgiven for thinking that the turbulence unleashed by Donald Trump’s trade policies during his first term as president of the United States was overhyped—especially since Bangladesh’s export contraction between July 2019 and February 2020,
Bangladesh’s economy is significantly dependent on its export earnings. The export sector has faced several challenges under the interim government.
Beximco's problems are evidence of a number of ongoing problems in the garment industry.
To create our brand appeal to buyers and consumers alike, we need a long-term, multi-pronged approach.
Bangladesh’s overall exports fell 4.34 percent year-on-year in FY24 due to lower shipments of ready made garments (RMG), reflecting sluggishness in industrial activities and the economy.
China could not become a potential export destination for Bangladesh despite offering generous preferential trade benefits for the past decade or so.
Exports crossed the $5 billion-mark for the third month in a row in February, in yet another bright spark for the economy battling a persistent strain on the dollar stockpile.
Exports earnings fell to $3.76 billion in October, the lowest in 26 months, as shipment of apparel items became the last major victim to the falling global demand as consumers tighten belts amid higher inflation.
Export earnings dropped 6.25 per cent year-on-year to $3.9 billion in September, the first fall in 14 months, as the cost-of-living crisis in the western countries took its toll on Bangladesh’s main foreign currency earning sector.
Bangladesh is going to start exporting goods to India by train for the first time in what is billed by many as a major boost to cross-border trade.
