Bangladesh is poised to become the source of most of the European Union’s (EU) apparel as China, the largest apparel supplier worldwide, is witnessing a decrease in its share of trade with the bloc.
Bangladesh's export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year.
Bangladesh wants to grab a 10 per cent share of global apparel markets by 2025 on the back of the diversification of both products and markets, BGMEA President Faruque Hassan said today.
Bangladesh is poised to become the source of most of the European Union’s (EU) apparel as China, the largest apparel supplier worldwide, is witnessing a decrease in its share of trade with the bloc.
Bangladesh's export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year.
Bangladesh wants to grab a 10 per cent share of global apparel markets by 2025 on the back of the diversification of both products and markets, BGMEA President Faruque Hassan said today.
