Dhaka, July 20 -- Bangladesh's ready-made garment (RMG) sector may face rising competition in the European Union (EU), its top export market, as exports declined in May and China redirects its focus to the region amid high US tariffs, according to industry insiders.

They fear that US-imposed tariffs - including a proposed 35 per cent tariff on Bangladeshi products - may prompt many local exporters, as well as competitors like China, Vietnam, Cambodia, India, and Pakistan, to shift their focus more heavily to the 27-nation EU bloc.

This shift could intensify price competition, squeeze profit margins, and make it harder for Bangladeshi exporters to remain competitive.

A recent report by QIMA, a global supply chain compliance service prov...