Bangladesh reported an increase in home textile exports in February 2024 after a period of 18 months or since September 2022, according to data from the Export Promotion Bureau (EPB). The South Asian country exported home textiles products amounting to US $84.61 million, up 9.9 percent as
Bangladeshi home textile exports have started losing luster since fiscal 2022-23 when they declined 32.47 percent over fiscal 2021-22, which had grown even in the Covid-19 pandemic years The country’s home textile overseas shipments crossed the psychological US $1-billion mark in fiscal 2020-21, thereby recording a staggering growth of 49.17 percent over the earlier
Textile and apparel exports from Bangladesh amounted to US $47.3 billion in 2023, growing by 3.67 percent or $1.68 billion over its previous year. Of these, exports of home textiles stood at $1.09 billion, while those of knitwear and woven clothing exports reached $46.99 billion. “The rise in garment exports was driven by a 7.47 […]