Tag: RMG Export

37 news articles tagged with "RMG Export"

RMG & Textile ★ Editor's Pick Jul 12, 2026

Bangladesh Retains 2nd Position as US Apparel Supplier as Vietnam Extends Lead

Bangladesh has maintained its position as the second-largest apparel exporter to the US market in the first five months of 2026, despite an 8.1% decline in exports to $3.25 billion. Vietnam solidified its top position with $6.39 billion, while China's exports dropped 42.75% as US buyers shift away.

Economy & Finance ★ Editor's Pick Jul 05, 2026

Bangladesh Exports Jump 15.26% to $4.59B in Strong Start to FY2027

Bangladesh's exports jumped 15.26% year-on-year to $4.59 billion in July, delivering a strong opening to FY2027 despite concerns over LDC graduation and the recent US tariff.

Logistics & Shipping ★ Editor's Pick Aug 02, 2026

Bangladesh Export Freight Costs Triple as Mideast Conflict and Shipping Lines Squeeze Bookings

Bangladesh's export sector faces sharply higher ocean freight rates as Mideast conflict chokes shipping through the Strait of Hormuz. Freight to the Middle East tripled to $6,000 per container, while US-bound rates jumped to $11,400. Shipping lines are cutting Bangladesh bookings.

RMG & Textile ★ Editor's Pick Jul 30, 2026

Gas Crisis Halves Bangladesh Textile Output as BGMEA, BKMEA and BTMA Seek Urgent Action

Bangladesh's textile millers report production cut nearly in half as acute gas crisis grips the industry following an LNG terminal shutdown. BGMEA, BKMEA, and BTMA leaders have met PM Tarique Rahman seeking urgent action, with the crisis expected to continue until August 8.

Investment & FDI ★ Editor's Pick Jul 26, 2026

Chinese Economic Zone Breaks Ground in Chattogram, Targeting $500M FDI

The long-delayed Chinese Economic and Industrial Zone (CEIZ) in Chattogram's Anwara has officially broken ground. The 800-acre zone is expected to attract $500 million in FDI, create over 100,000 jobs, and reduce RMG production costs by localizing Chinese raw material supply.

Trade & Commerce ★ Editor's Pick Jul 26, 2026

Bangladesh Targets $63.4 Billion in Exports for FY27 Despite Global Headwinds

The Bangladesh government has set an ambitious $63.4 billion export target for FY2026-27, representing 15% growth over the previous year. Economists and industry leaders warn the goal may be difficult to achieve amid US tariffs, energy shortages, and sluggish global demand.

Trade & Commerce ★ Editor's Pick Jul 26, 2026

Trump's New Tariff Wave: What Bangladesh Exporters Must Know

President Trump's latest tariffs of 10-12.5% on 60 countries over forced labor concerns mark just the beginning of a broader trade strategy. Bangladesh faces a 10% duty effective July 24, with more probes into excess capacity and IP theft on the horizon.

Policy & Regulation ★ Editor's Pick Jul 24, 2026

US Slaps 10% Tariff on Bangladesh Garments Citing Forced Labour Concerns

The United States has imposed a 10 percent tariff on imports from Bangladesh effective July 24, 2026, citing insufficient action against forced labour in supply chains. The duty raises total US tariff on Bangladeshi garments to 25.62%, but Bangladesh retains a competitive edge over China, Vietnam, and Thailand who face the higher 12.5% rate.