Bangladesh Garment Exporters in Trouble Over Shipments to Europe
The ongoing conflict in the Middle East has caused major disruptions to important international maritime and air routes used for global trade. With key routes in the Gulf region, including the Red Sea and the Suez Canal, becoming effectively inoperative, Bangladeshi garment exporters are facing serious difficulties in sending goods to Europe. Other major South Asian manufacturing countries such as India and Pakistan are also encountering similar problems.
Clothing Purchases Declining in the U.S. Market
Bangladesh’s readymade garment (RMG) export sector has been facing difficulties for seven consecutive months. During the July–February period of the current fiscal year, overall exports declined by 3.13 percent to $31.90 billion due to a fall in garment exports. In the same period of the previous year, exports stood at $32.94 billion.
Sixth Consecutive Monthly Decline Recorded in Exports
Bangladesh’s export earnings continued their downward trend in January 2026, recording a decline for the sixth consecutive month and highlighting sustained pressure on the country’s external trade sector. Official data show that export earnings in January stood at around $4.41 billion, slightly lower than the earnings recorded in the same month of the previous year.
Hundreds Jobless Mid-Month as Mukul Knitwear Shuts Down in Gazipur, Despair and Tears
On Wednesday morning, workers arrived at work to find a notice at the main gate of the factory announcing its permanent closure, expressing frustration and disappointment. They are now left jobless in the middle of the month and are feeling lost.
Exports Down 7.43% in October: Bangladesh Faces Deepening Trade and Currency Crisis
The downward trend in Bangladesh’s export earnings continues, creating fresh concerns for the economy. According to the latest data from the Export Promotion Bureau (EPB), the country’s total exports in October fell by 7.43 percent, dropping to 3.63 billion USD. This marks the continuation of a two-month decline, heightening fears among exporters of further contraction. Meanwhile, import volumes are also gradually decreasing — a reflection of the ongoing foreign currency crisis and growing economic uncertainty.
We fear goods of 250 factories may be destroyed: BGMEA President
Exporters warn of massive losses after a fire at Dhaka’s Hazrat Shahjalal International Airport cargo village. BGMEA estimates up to 250 factories could be affected while perishable goods exports face severe disruption.
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