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Bangladesh, Vietnam benefit most from RMG, footwear shift from China

Bangladesh, Vietnam benefit most from RMG, footwear shift from China MONIRA MUNNI | Published: July 29, 2021 11:47:51 FE file photo Bangladesh and Vietnam have benefited most due to the shifting of apparel and footwear exports from China, according to the latest analysis. It also found that in 2019, both the countries combined share of apparel and footwear exports to the US and the European Union (EU) equalled half of China s share. The analysis paper - Repeat, Repair or Renegotiate? The Post-Covid Future of the Apparel Industry - also showed that the US apparel and footwear imports from China declined to 37.9 per cent in 2019, which was 50.7 per cent in 2010.

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