Bangladesh’s garment exports to Asian countries are on the rise
According to the “Daily Star” report on June 24, according to data released by the Export Promotion Bureau of Bangladesh (EPB), due to factors such as the production and price advantages of Bangladesh’s garment industry, economic growth in Asian countries, and rising production costs in China, Impact, in the first 11 months of this fiscal year (July 2017 to May 2018), Bangladesh’s garment exports to major Asian countries such as India, China, and Japan reached US$1.39 billion, a year-on-year increase of 17.79%, of which exports to Japan were US$7.87 billion US dollars, a year-on-year increase of 13.04%; exports to India were US$253 million, a year-on-year increase of more than 100 US dollars; garment exports to China were US$347 million, a year-on-year decrease of 2.82%. Japan is currently Bangladesh’s largest garment export destination in Asia, and China has increasingly become one of Bangladesh’s major garment export markets. (Title: Bangladesh’s garment exports to Asian countries are on the rise)
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