The Economic Dialogue was held virtually and organised by Japan. Trade officials from both countries participated and discussed various issues during the event. Md Tofazzal Hossain Miah, principal secretary to the Prime Minister, led the Bangladesh delegation. The Japanese delegation was led by Hirai Hirohide, vice-minister for international affairs of Japan**;s ministry of economy, trade, and industry.
Last year, Japan imported apparel worth $**.*** billion, with Bangladesh ranking as the third-largest exporter after China and Vietnam. Shipments from Bangladesh grew to $*.*** billion in **** compared to $*.*** billion in ****. Japan**;s apparel imports from Bangladesh were affected by the COVID pandemic in ****, dropping to $*.*** billion from $*.*** billion in ****. The trade value stood at $*.*** billion in ****, according to Fibre2Fashion**;s market insight tool TexPro.
Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!