Bangladesh’s apparel exports to non-traditional markets grow .%

According to a report by Bangladesh’s “Business Standard” on January 23, according to data from the Bangladesh Export Promotion Agency, clothing exports to non-traditional markets in 2023 will increase by 20.54% year-on-year to US$8.87 billion. , accounting for 18.72%. Exports to other non-traditional markets such as Australia, Russia, New Zealand, Saudi Arabia, South Korea, and China also increased. Exports to Japan and Australia exceeded US$1 billion, with Japan ranking first, with exports of US$1.68 billion, a year-on-year increase of 26.53%. However, clothing shipments to the two traditional major markets of the United States and Germany fell by 8.68% and 16.40% respectively. </p