Record amount of income generated in the garment sector after COVID period

Leaving behind the first shock of the Corona epidemic, entrepreneurs in the garment sector have seen good times, increasing purchasing orders. Revenue exceeded 4 billion in January. 35,126 crore in local currency. This income is the highest in the history of the country as a month.

Bangladesh continues to show its brilliance in exports by relying on less expensive garments. Despite the panic of Omicron, the export of low-priced garments has not decreased. The Export Promotion Bureau has released updated data on export earnings.

In the seven months of the current financial year, the revenue from the export of goods has reached 3 trillion dollars. Of this, 81 percent came from the readymade garments sector.

Oven and Knit are the two sub-sectors of the readymade garment industry which are the main source of export earnings of the country. Earlier, the more foreign exchange came from the export of oven garments than the net. The contribution of these two sub-sectors in the export trade has been close for several years. But since Corona started, the net has risen to the top, leaving the oven behind.

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
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