Dhaka, July 31 -- Bangladesh's furniture export earnings have been on a steady decline over the past several years, mainly due to lower competitiveness, lack of proper certifications, and inadequate country branding, industry insiders said.
They attributed the downtrend to rising production costs, absence of supportive government policies, and recent trade complications with major markets like India.
According to the latest data from the Export Promotion Bureau (EPB), furniture export earnings fell slightly by 0.37 per cent in the last fiscal year (FY 2024-25) to $45.53 million, down from $45.70 million in FY 2023-24.
This marginal drop follows a sharper downward trend in previous years. Furniture exports stood at $110.36 million in FY...
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