Dhaka, March 15 -- After a considerable period, the country's ready-made garment (RMG) sector is witnessing a positive trend, having regained a strong foothold in the US market. This development presents an opportunity to strengthen export relations in the future.
Bangladesh's RMG industry is benefiting from the ongoing US-China trade war, which has led to an increase in exports of Bangladeshi products to the United States.
In January this year, Bangladesh's garment exports to the US exceeded $800 million, marking a 45.93 per cent rise compared to the same period last year, when exports stood at $547.9 million. This growth rate surpasses that of key competitors such as China, Vietnam, Indonesia, and India.
Several factors contribute to...
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