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Bangladesh's Garment Exports To Europe Have Risen Sharply

Sep 27, 2017

Bangladesh's garment exports to Europe rose sharply in July and August of 2017, according to official data from the Bangladesh export promotion authority (EPB).Investigate its reason, it is a bangladeshi garment manufacturing safety compliance to obtain actual effect, the second is higher, the euro against the dollar is Chinese orders three transfer, four is the international buyers confidence in Bangladesh's garment industry recovery.Germany is Bangladesh's largest export destination for clothing in the European Union. In July and August 2017, German clothing export revenue reached $9923.9 billion, compared with 9.044.6 billion usd in the same period last year, up 9.72% year on year.Clothing exports to the Netherlands grew at the fastest rate, with exports of $1.788bn, up more than 41 per cent year on year.In the 2016-17 fiscal year, Bangladesh's garment exports totaled $28.14 billion, with about 63.06 percent going to the European Union market, data showed.