Bangladesh’s apparel exports fell by 4.20 per cent to $18.039 billion in H1 2024, with Europe being the largest market.
Other key markets included North America and Asia-Pacific.
Political unrest in July and global economic headwinds contributed to the decline.
Following a peak of $43.490 billion in 2022, exports dropped by 20.58 per cent in 2023 and sluggish demand continues into 2024.Bangladesh’s apparel exports fell by 4.20 per cent to $18.039 billion in H1 2024, with Europe being the largest market.
Other key markets included North America and Asia-Pacific.
Political unrest in July and global economic headwinds contributed to the decline.
Following a peak of $43.490 billion in 2022, exports dropped by 20.58 per cent in 2023 and sluggish demand continues into 2024.
