Recession Affects Bangladesh's Export Of Labour And Clothing Exports
Affected by the Middle East Recession In February, Bangladesh's labor export volume fell by 63% compared to the same period last year, a decrease of 13%. The Middle East is an important part of Mencius. Export of labour services The area accounts for 63% of the income of its overseas remittance.
Ready-made clothes Export decline It will appear after March. Figures from the Bangladesh garment manufacturers and Exporters Association (BGMEA) show that in December 08, the UD import certificate issued by the association to garment manufacturers decreased by 7.68% compared to the same period last year, and 4.98% in January, compared with the same period in January. Bangladesh clothing manufacturers import textile raw materials through the UD certificate. The decline in the number of certificates indicates that imports of raw materials from Bangladesh are decreasing, indicating that the future ready-made clothing exports will also decrease.
UD is Bangladesh.
Garment export
Generally speaking, the impact of UD will only appear in 3 months, and it can be expected that garment exports will decline in March 09.
Meng industry believes that the world economic recession has hit the European and American clothing importing market, and the monk garment industry has been able to resist for a while, but now it seems that if the crisis deepens, Meng can not escape.
crisis
Influence.
Editor in chief: Xu Qiyun
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