Bangladesh: RMG exports to EU rise by 61pc in 10 months

[Homo Sapiens]

RMG exports to EU rise by 61pc in 10 months​

RMG exports to EU rise by 61pc in 10 months

Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and...

www.newagebd.net

Moinul Haque | Published: 22:08, Dec 20,2022

A file photo shows workers sewing clothes at a garment factory on the outskirts of Dhaka. — New Age photo


Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and shipments to the economic bloc.
According to the data released on December 16 by Eurostat, the statistical office of the European Union, knitwear import by the EU from Bangladesh in 10 months of 1022 increased by 61.77 per cent to 11.74 billion euro compared with that of 7.26 billion euro in the same period of 2021.
Woven garment exports to the EU in the period stood at 6.73 billion euro, 59.01 per cent higher than the earnings of 4.23 billion in the first 10 months of 2021.
The data showed that Bangladesh’s position remained as the second-largest apparel exporter in the EU market while China and Turkey occupied the first and the second highest positions respectively.
Exporters said that export earnings showed a robust growth in the EU in the first 10 months of 2022 as the price of products increased on the global market due to a price hike of raw materials.
They said that the export growth might decrease in the coming months as buyers started negotiations with suppliers for cutting unit prices due to a fall in price of raw materials on the global market in recent months.
The Eurostat data showed that the total extra-EU imports in January to October 2022 rose by 47.70 per cent to 2,511.1 billion euro compared with that of 1,700.10 billion euro in the same period of 2021.
The total volume of extra-EU apparel imports in January to October 2022 is yet to be available in the EU official data.
The Eurostat data showed that RMG import from China by the EU in January-October of 2022 grew by 39.25 per cent to 24.40 billion euro compared with that of 17.52 billion euro in the same period of 2021.
Turkey’s apparel exports to the EU in the first 10 months of 2022 increased by 27.67 per cent to 9.62 billion euro compared with that of 7.53 billion euro in the same period of 2021.
The EU imports of apparel from India in January-October of 2022 increased by 39.39 per cent to 4 billion euro compared with that of 2.87 billion euro in the same period of 2021.
The import of RMG by the EU from Vietnam in the first 10 months of 2022 grew by 51 per cent to 3.58 billion euro compared with that of 2.37 billion euro in the same period of 2021.
The EU imports of apparel from Pakistan in January-October of 2022 increased by 45.84 per cent to 3.08 billion euro compared with that of 2.11 billion euro in the same period of 2021.
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[Bilal9]

Gorib lokey mehnat korey are AL chorera loot kore khai.

Loot er ar pukur choorir mahotshob !!

 

[fallstuff]

Gorib lokey mehnat korey are AL chorera loot kore khai.

Loot er ar pukur choorir mahotshob !!

There is no more পুকুর, those are gone, there just might be some ডোবা here and there !

 

[BananaRepublicUK]

RMG exports to EU rise by 61pc in 10 months​

RMG exports to EU rise by 61pc in 10 months

Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and...

www.newagebd.net

Moinul Haque | Published: 22:08, Dec 20,2022

A file photo shows workers sewing clothes at a garment factory on the outskirts of Dhaka. — New Age photo


Bangladesh’s apparel exports to the European Union in January-October of 2022 increased by 60.75 per cent to 18.47 billion euro compared with that of 11.49 billion euro in the same period of 2021 due to an increase of unit prices and shipments to the economic bloc.
According to the data released on December 16 by Eurostat, the statistical office of the European Union, knitwear import by the EU from Bangladesh in 10 months of 1022 increased by 61.77 per cent to 11.74 billion euro compared with that of 7.26 billion euro in the same period of 2021.
Woven garment exports to the EU in the period stood at 6.73 billion euro, 59.01 per cent higher than the earnings of 4.23 billion in the first 10 months of 2021.
The data showed that Bangladesh’s position remained as the second-largest apparel exporter in the EU market while China and Turkey occupied the first and the second highest positions respectively.
Exporters said that export earnings showed a robust growth in the EU in the first 10 months of 2022 as the price of products increased on the global market due to a price hike of raw materials.
They said that the export growth might decrease in the coming months as buyers started negotiations with suppliers for cutting unit prices due to a fall in price of raw materials on the global market in recent months.
The Eurostat data showed that the total extra-EU imports in January to October 2022 rose by 47.70 per cent to 2,511.1 billion euro compared with that of 1,700.10 billion euro in the same period of 2021.
The total volume of extra-EU apparel imports in January to October 2022 is yet to be available in the EU official data.
The Eurostat data showed that RMG import from China by the EU in January-October of 2022 grew by 39.25 per cent to 24.40 billion euro compared with that of 17.52 billion euro in the same period of 2021.
Turkey’s apparel exports to the EU in the first 10 months of 2022 increased by 27.67 per cent to 9.62 billion euro compared with that of 7.53 billion euro in the same period of 2021.
The EU imports of apparel from India in January-October of 2022 increased by 39.39 per cent to 4 billion euro compared with that of 2.87 billion euro in the same period of 2021.
The import of RMG by the EU from Vietnam in the first 10 months of 2022 grew by 51 per cent to 3.58 billion euro compared with that of 2.37 billion euro in the same period of 2021.
The EU imports of apparel from Pakistan in January-October of 2022 increased by 45.84 per cent to 3.08 billion euro compared with that of 2.11 billion euro in the same period of 2021.
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But, but, economy is collapsing

@UKBengali
@EasyNow

There is no more পুকুর, those are gone, there just might be some ডোবা here and there !

Well!

I guess your wet dream about export collapse and dollar crisis just ended!!!



Hehehe

 

[EasyNow]

But, but, economy is collapsing

@UKBengali
@EasyNow



Well!

I guess your wet dream about export collapse and dollar crisis just ended!!!



Hehehe

It proves what logical observers have said all along.

BD industry and exports are fine - it is global commodity prices and import costs that have hurt us.

But that's not convenient for political propagandists - which is why they look like idiots now.

That YouTube hero of bluesky is looking pretty dumb now too.

 

[bluesky]

It proves what logical observers have said all along.

BD industry and exports are fine - it is global commodity prices and import costs that have hurt us.

But that's not convenient for political propagandists - which is why they look like idiots now.

That YouTube hero of bluesky is looking pretty dumb now too.

Now, BAL should import fuel with the garments export money instead of stealing it. People are suffering without gas and power.

Most of the money has been stolen by Hasina Bibi with the assistance of her cronies.

 

[SoulSpokesman]

Extraordinary achievement in a time when everyone else's exports are falling.

Regards

 

[mb444]

But, but, economy is collapsing

@UKBengali
@EasyNow



Well!

I guess your wet dream about export collapse and dollar crisis just ended!!!



Hehehe

Who said the economy is collapsing? Why do you magnify trols?

I am in BD now, things are not exactly fine but nothing is collapsing.

Prices have risen, poor are hurting without doubt and everyone is tightening their belts. Things will pass and from what i hear everything is stabilising following rapid price increases over a 2 month period until mid november.

Food prices increased really quickly due to fuel cost in cities. Not so for basic products in the villages where luxury goods prices have increased.

BD logistics network is traditionally very short. People buy homegrown food locally.

BD is handling things fairly well. In dhaka there is no longer any electricity outage. Certainly not in the last two weeks that i have been here.

 

[BananaRepublicUK]

Who said the economy is collapsing? Why do you magnify trols?

I am in BD now, things are not exactly fine but nothing is collapsing.

Prices have risen, poor are hurting without doubt and everyone is tightening their belts. Things will pass and from what i hear everything is stabilising following rapid price increases over a 2 month period until mid november.

Food prices increased really quickly due to fuel cost in cities. Not so for basic products in the villages where luxury goods prices have increased.

BD logistics network is traditionally very short. People buy homegrown food locally.

BD is handling things fairly well. In dhaka there is no longer any electricity outage. Certainly not in the last two weeks that i have been here.

Thank you, bro!

For an excellent on the ground report.

My sister in law is also currently in BD - gave similar report.

Who said the economy is collapsing? Why do you magnify trols?

I am in BD now, things are not exactly fine but nothing is collapsing.

Prices have risen, poor are hurting without doubt and everyone is tightening their belts. Things will pass and from what i hear everything is stabilising following rapid price increases over a 2 month period until mid november.

Food prices increased really quickly due to fuel cost in cities. Not so for basic products in the villages where luxury goods prices have increased.

BD logistics network is traditionally very short. People buy homegrown food locally.

BD is handling things fairly well. In dhaka there is no longer any electricity outage. Certainly not in the last two weeks that i have been here.

Thank you, bro!

For an excellent on the ground report.

My sister in law is also currently in BD - gave similar report.