The investment in the Bangladesh spinning and weaving industry has slowed down because of gas shortage and for volatile dollar markets over the last two years. Many of the spinning mills have been running their production at 50 percent capacity because of the gas crisis in the industrial
Bangladeshi cotton imports declined significantly to 1.35 million tons, decreasing by 24.85 percent compared to 1.80 million tons in 2022. Imports of cotton, yarn and fabric by Bangladesh slipped in 2023, although exports of apparel grew 3.67 percent the same year But imports of manmade fibre registered a growth in 2023; due to Bangladeshi apparel […]