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InFocusNational

Bangladesh sees 45% rise in garment exports to EU

by Press Xpress August 28, 2022
written by Press Xpress August 28, 2022
Bangladesh sees 45% rise in garment exports to EU
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Bangladesh’s ready-made-garment (RMG) exports to the European Union (EU) market have increased by 45 percent from January to May this year.

As the European statistical agency called ‘Eurostat’ published the information, Bangladesh Garment Manufacturers and Exporters Association (BGMEA) revealed it today (on August 28).

According to the statistics of Eurostat, the import of clothing products of the European Union from Bangladesh has increased by 44.95 percent in the first five months of this year. Till that time, the amount of imports stood at 9.58 billion US dollars.

During that time, the EU’s global apparel imports increased by 24.37 percent. At the same time, EU apparel imports from China also grew by 20.67 percent year on year.

You can also read: Boom in Bangladesh’s Export Earnings: Garments’ Transition to High-value Industry

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