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Summer exports from Bangladesh are likely to climb by 20 to 30 percent

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summer-clothSummer exports from Bangladesh vendors are likely to climb by 20 to 30 percent when retailers throughout Europe and the United States reopen. According to Bakhtiar Uddin Ahmed, Chief Operating Officer of Fakir Apparels, summer orders are often higher than winter orders. Because people are spending more time indoors, the firm exports cozy knitted goods, which have a higher demand than woven things. Bangladesh is currently receiving more orders than Myanmar and China as a result of its low costs. As production prices in the world’s second-largest economy have risen, many western consumers are shifting work orders from China to Bangladesh and Vietnam. Kappa Fashion Wear, situated in Narayanganj, has received approximately 25% more work orders for the next season from its buyers. T-shirts and polo shirts are available for purchase.

According to Faruque Hassan, President of the Bangladesh Garments Manufacturers and Exporters Association (BGMEA), trust in Bangladesh has been restored since local manufacturers have been able to provide products to foreign merchants and brands even during the epidemic. Increased work orders, on the other hand, are driving up yarn demand. A year ago, the Viyellatex Group, a major garment exporter and yarn manufacturer, sold about 30 tonnes of yarn each day.

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