Bangladesh’s efforts to expand exports of man-made fibre (MMF) garments may face new challenges following proposals in the FY27 budget to increase import duties on key synthetic raw materials. The proposed measures include a 5% import duty on polyester staple fibre (PSF) and an increase in
Bangladesh’s readymade garment (RMG) exports to the European Union (EU) recorded a strong 61% growth in January 2025, outpacing major competitors such as China, Vietnam, Turkey, and India. According to Eurostat data released on March 18, Bangladesh’s apparel exports to the EU reached €1.91 billion in January 2025, up from €1.18 billion in January 2024. […]













