Bangladesh'S Clothing Exports May Fall In Fiscal Year 2012

At the end of June 2012 Fiscal year Bangladesh garments clothing Exports may decline at a slower rate, thanks to Europe. debt The crisis intensified.

Similarly, the export volume of woven garments reached US $2 billion 230 million in 7-9, an increase of 24.82% over the same period last year, which is 1.12% lower than that set in the same period.

In fiscal year 2010-11, The People's Republic of Bangladesh The export of garments and garments reached US $17 billion 900 million, an increase of 43% over the same period last year.

The debt crisis in Europe will have a negative impact. Bangladesh's garment and garment exports may decline again in the coming months.

Mustafizur Rahman, executive director of Bangladesh policy dialogue Center (CPO), said: "Europe is our main export area, where the form affects our exports, especially knitwear. Last year, our clothing exports grew by more than 40%. Therefore, it is very difficult to achieve more than 40% growth rate this year. In addition, the price of cotton and yarn has dropped by more than 50% compared with that of last year, which has led to a decline in the prices of fabrics and retail terminal garments. Therefore, the growth rate will be reduced in US dollars, but the volume of exports will not drop. "