Exporters report that Bangladesh is increasingly positioned to expand its share of high-value garment exports. This shift is driven by rising production costs in competing manufacturing hubs and a strategic move by global brands to reduce their reliance on China. Consequently, the country is seeing growth in the production of premium items such as suits and wedding gowns.
Economy
Bangladesh pivots to high-value apparel exports
Bangladesh is tapping into opportunities for high-value garment exports as global brands shift away from China and production costs rise in competing nations.
Source: TBS Bangladesh