Home Life Style Bangladesh-Japan EPA opens $3 bn apparel export door with RMG push

Bangladesh-Japan EPA opens $3 bn apparel export door with RMG push

by Rifat jahan
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Bangladesh’s apparel sector is setting its sights on $* billion in annual exports to Japan, equal to about Tk *** billion, or Tk **,*** crore, using an approximate exchange rate of Tk *** per US dollar. That would be a step-change from the current base.

TexPro data shows Bangladesh exported around $*.** billion in apparel to Japan in calendar year ****, approximately Tk ***.* billion, or Tk **,*** crore. The latest available **-month flow, May **** to April ****, stood at about $*.** billion. To reach $* billion, Bangladesh would need to lift average monthly Japan-bound apparel exports from roughly $****** million to about $*** million.

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