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Tough competition in EU hits Bangladesh RMG exporters’ profit margins

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As China, Vietnam, Cambodia and Pakistan compete with Bangladesh to grab more share in the EU garment market due to US reciprocal tariffs, experts feel the trend may squeeze margins and undermining profitability of Bangladesh garment exporters.
Other key destinations where garment exports have been diverted include Japan and Canada.
Bangladesh has holding over 20-per cent share in the EU apparel market.As China, Vietnam, Cambodia and Pakistan compete with Bangladesh to grab more share in the EU garment market due to US reciprocal tariffs, experts feel the trend may squeeze margins and undermining profitability of Bangladesh garment exporters.
Other key destinations where garment exports have been diverted include Japan and Canada.
Bangladesh has holding over 20-per cent share in the EU apparel market.