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Vietnam surpassed Bangladesh in garment and textile exports in the first 6 months of 2020


garment-export-from-vietnamAccording to the General Statistics Office of Vietnam, Vietnam made $ 13.18 billion in the first six months of the year thanks to exports of textile and garment products. Meanwhile, data provided by the Bangladesh Export Promotion Bureau shows that Bangladesh earned $ 11.92 billion from exporting ready-to-wear products during the same period. However, both countries suffered a decline in exports of this commodity because of the pandemic.

Bangladeshi garment exporters explain to a Bangladeshi daily newspaper – that the Covid-19 pandemic has left them lagging behind Vietnam. Mohammad Hatem, Vice President of Bangladesh Knitwear Manufacturers and Exporters Association (BKMEA) told : “Bangladesh’s garment industry has plummeted during March, April and May due to activity. production and supply chain are interrupted by the ban being enforced to stop the spread of coronavirus ”.

“Vietnam’s production activities are not too disrupted because it has better control the spread of Covid-19” – Mr. Hatem said. Bangladesh, the second largest garment exporter after China, fell 20.14% to $ 2.25 billion in March and 85.25% to $ 375 million in April, the biggest drop in history. Exporter of this country. In May, apparel export earnings improved and stood at $ 1.23 billion but still suffered a 62% decline. In June, exports showed signs of recovery, to $ 2.24 billion.