Home breadcru News breadcru Trade breadcru  | Apparel exports from Bangladesh to Europe tank 59.95% in Jan-Apr 2024

Prime Content | 
Apparel exports from Bangladesh to Europe tank 59.95% in Jan-Apr 2024

31 May '24
2 min read
Apparel exports from Bangladesh to Europe tank 59.95% in Jan-Apr 2024
Apparel exports from Bangladesh to Europe tank 59.95% in Jan-Apr 2024

Insights

  • Global geopolitical unrest has impacted Bangladesh's apparel exports, which fell by ****.* per cent to $*.*** billion in Jan-Apr 2024.
  • Europe's share of Bangladesh's apparel exports dropped from ****.* per cent in early 2023 to **.* per cent this year.
  • The ongoing Russia-Ukraine war and Middle Eastern unrest have strained Europe's economic activities.

Europe’s share in Bangladesh&#**;s apparel exports dropped significantly. In January-April ****, Europe accounted for **.** per cent of Bangladesh’s $**.*** billion in apparel exports. This share fell to **.** per cent this year, with Bangladesh exporting $*.*** billion worth of apparel globally, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

Shipments to Europe had reached $*.*** billion in the corresponding period of ****, overcoming disruptions due to the COVID-** pandemic. However, they eased by *.** per cent to $*.*** billion in the first four months of last year.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!