Bangladesh’s RMG shipments dipped 16 per cent year-on-year in July due to the Eid vacations, weeks-long lockdown, and a severe container congestion in the Chittagong port. During the month, Bangladesh exported apparels worth $2.60 billion against $3.08 billion worth of apparels exported last July, reports Bangladesh Garment Manufacturers and Exporters Association (BGMEA).
Most of Bangladesh’s RMG products were exported to the EU and the US as demand in these two regions increased after reopening of shops. June, July and August are peak months for Bangladesh apparel exporters as they export around 40 per cent of their total RMG products during this period, says Shahidullah Azim, Vice-President, BGMEA
However, Eid vacations, factory closures and container congestion at the Chittagong ports, disrupted exports this year, he adds. Azim predicts exports will revive as manufacturers get huge orders from buyers around this time. Faruque Hassan, President, BGMEA has urged buyers not to penalize suppliers for any reasonable delays caused by the lockdown.
Production levels in many factories have significantly reduced alongside maintaining the health protocol standards and the cost of operation has increased due to workers’ transportation requirements and ensuring sanitization, he adds.
By Fashionating World
https://www.fashionatingworld.com/new1-2/bangladesh-apparel-exports-falls-in-july-bgmea