Manufacturers of readymade garments (RMG) in Bangladesh are optimistic about achieving their export growth target in the coming months, owing to improved work conditions and stable political situation. Many international buyers are returning to Bangladesh since the business environment is improving. Most of local exporters have already bagged bigger orders than before and are booked for the next couple of months. As per Exporters’ Association of Bangladesh (EAB), rise in export orders could also lead to need of increasing local production capacity.

Players expect the higher growth of garment exports to continue in the forthcoming months, provided they are able to ensure continuation of the present working and political conditions. Apart from this, exploring new conventional and unconventional export markets like Turkey, Japan is also on their agenda. Recently, exports of garment items, the highest foreign exchange earning sector in Bangladesh, increased in some new destinations such as Japan, South Africa, Canada, China, India, Australia, New Zealand and in some Latin American countries.