Declining value addition a concern despite record RMG export

Bangladesh can cheer up for the record export receipts in the just concluded 2021. But there is anxiety too as the value addition in the country’s readymade garment industry is on a decline for the last five consecutive quarters.

Bangladesh’s export earnings may hit a $50-billion mark at the end of the current fiscal 2021-22, if the current trend continues, exporters say

Bangladesh exported a record $4.9 billion worth of goods in December, signalling an economic recovery in key American and European markets

In spite of the coronavirus pandemic and consequent lockdown, Bangladesh has set a new record in apparel export in the just-gone 2021 calendar year

The ongoing coronavirus pandemic has appeared as a boom for the country’s drug makers as they have exported a record $169 million worth of medicines in the fiscal year ended on June 30

The share of garment exports to total exports has declined significantly in the last year

Prime Minister Sheikh Hasina’s two bold decisions have saved the export-oriented industries and the economy from a collapse

Bangladesh’s export stood at nearly $38.76 billion, in the just concluded financial year, down by 5.47 percent from the $41 billion target