Bangladesh apparel exports to US drop %

According to the Financial Express report on February 10, due to the impact of the global economic slowdown and the impact of US dollar interest rate hikes, US consumer demand has shrunk and retail stores have excess inventory, leading to Bangladesh’s largest Apparel exports from the United States, the export market, will drop by more than 25% in 2023, with exports totaling US$7.28 billion. </p