Monday, November 18, 2024

Export growth to non-traditional markets boost RMG makers

Readymade garment exports to 10 out of 11 non-traditional markets rose significantly in the first half of the current fiscal year, showed Bangladesh Garment Manufacturers and Exporters Association data. The rise in export to new markets like Australia, Japan, Russia and Brazil is an encouraging sign for the entrepreneurs, said manufacturers

Export growth declines in USA, EU countries

Export from Bangladesh to most of the key North-American and European destinations failed to achieve its growth in the just concluded fiscal (2011-12) compared to the same period of previous fiscal. Export earnings from USA, the largest market for Bangladeshi goods, registered a negative growth in last fiscal totaling US$ 5.1 billion. According to data ... Read more