Exports

The global apparel industry has been left reeling from the impact of the Coronavirus pandemic as supply chains have been disrupted, trade has dwindled to near-stagnancy, and sentiments have flared, claiming this may be the fulcrum for a new anti-consumerism culture. In McKinsey & Company’s State of Fashion 2020, it was estimated from a survey […]

The Garments Industry has been considered a lifeline for our economy for a few decades now. However, in recent years, it has not been seeing considerable growth.  We can see that not only has the number of new RMG factories every year has been increasing, it saw a significant drop during the 2013-14 period. This […]

Food is a source of joy for people around the world, but those limited by their resources have to resort to basic staples. This is especially true in developing countries like Bangladesh, where rice and potatoes act as staples. However, these do not satisfy protein requirements which are essential for nutrition and health. The availability […]

Despite being a developing country with a ready-made garments sector that is focused on cheap production, Bangladesh leads the world in “green RMG” . Green RMG, the increase of which has also been termed the green revolution, refers to environmentally-sustainable production practices in the sector. It includes waste management, energy efficiency, and water conservation. As […]

There is no bad time for a cup of tea. It’s the go-to drink whether the occasion be a headache, bad mood, or unexpected guests. Tea’s importance is embedded in our culture. Bangladesh has been producing tea since the 1840s, and produced nearly 80 million kilograms in 2017 , with an industry turnover of approximately […]

Bangladesh’s affiliation with cloth has a long history. From being renowned throughout the world and even conquered by the British for its high-quality muslin, silk, and pure cotton, to becoming the second-largest ready-made garments producer in the world , the country has long depended on the textile industry for its growth. The production of RMG […]

The ancient Silk Road was once a trading route facilitating the transport of goods and technology between China and the Roman Empire. Through this route, silk was first transported to the west among many other then exotic goods. The trade route spanned a 6,400 km road following the Great Wall of China, crossing deserts and […]

Bangladesh’s shrimp exports, which once contributed $590 mn in FY12, has been on the decline, falling 8.37% to $408 mn in FY181 as the demand for black tiger and freshwater prawns have gone down due Vannamei shrimp (which is not grown in Bangladesh) dominating the world market at a lower price point. This drop in […]

The leather industry has been developing on a large scale since the 1970s and is currently worth around $1.90 bn with 40% of the total demand being met from imports [2]. However, the leather industry has recently been facing a gradual decline in export earnings. In FY18, exports of leather, leather goods, and footwear were […]