Apparel orders have started to pick up for Bangladesh.
Fresh enquiries are coming in from top buyers for the spring season, with manufacturers considering it a positive sign for the country amid the global economic downturn. Besides, the trend of buyers shifting orders from China – as the country is still in Covid-induced lockdown – has proved to be beneficial for Bangladesh.After the economy started to gain pace, Bangladesh’s exports of garments in the last fiscal year grew by over 35 per cent.
But apparel makers are concerned about the current gas and electricity crisis in the country.This did not matter so far as the volume of orders was low but if orders start to increase now exporters have to send the products by air at 14 times higher the cost since shipments can’t be done on time due to the gas-electricity crisis.
The order flow usually picks up during four seasons of the major clothing markets.Export for the winter season, one of the biggest of the year, is almost nearing the end while orders for the spring season are coming in with the products expected to be shipped between January and March. After the Russia-Ukraine war began, Bangladesh's exports were hit. On the one hand, orders kept decreasing while the overall production cost increased.