Page 2 - Apparel Export News Today

RMG export: Apparel exporters in Bangladesh are feeling the pinch of a looming global recession, persisting higher inflation and dragging severe fallout of the Russia-Ukraine war as orders from international buyers have fallen. 

Apparel export orders decline

Bangladesh export target: The government today set a merchandise export target of $58 billion for the current fiscal year of 2022-23, which is 11.36 percent higher than the actual receipts in the last fiscal year.

When implemented effectively, storytelling can drive customer loyalty by improving the authenticity of a business. Bangladeshi RMG makers can do take advantage of that.

Bangladesh earned $3.83 billion in merchandise exports in May, the lowest in nine months, as buoyancy in demand ebbed owing to higher inflation, according to data released by the Export Promotion Bureau (EPB) today.

The statement also added that the USA was the top export destination for the nation’s textiles and apparel shipments and accounted for 27 per cent share.

Textiles, apparel exports to US increase by 30.68pc: OTEXA

Apparel export rebounds sharply in 2021

The Apparel Export Promotion Council (AEPC) has urged the Centre to declare Faridabad, Delhi and Erode as Towns of Export Excellence which would help exporters set up expensive facilities for common use by exporters in the region.