APPAREL SECTOR: COUNTRY PROFILE BANGLADESH
December 2nd, 2021
The second-largest garment exporting country in the world, Bangladesh has grown its position as a key outsourcing hub since the 1980s.
With a global market share of 6.26%, according to the World Trade Statistical Review 2021 (1), “The industry has come a long way,” said Md. Mohiuddin Rubel, a director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). “In 40 years, we have witnessed a sharp rise in exports, from USD10,000 in 1978 to USD34.13 billion in FY 2018-19 (June-July).
And that figure would have continued to ...
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