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Posts tagged as “clothing”

Clothing exports from Bangladesh rise as China’s share in ready-made garment market declines

report in Prothom Alo, Feb 19, 2023Bangladesh is ready to topple China as the top clothing exporter to the EU amid Beijing’s decreasing share in the ready-made garment (RMG) market, reported Nikkei Asia. Notably, in the wake of the conflict in Ukraine and other global geopolitical tensions, the supply chains are shifting and driving up orders to the densely populated South Asian nation. “A lot of work orders were shifted to Bangladesh from China because…