Related Keywords: Bangladesh Garment Manufacturers and Exporters Association, Bangladeshi manufacturers, by seven percent, Canada, decline due to global slump in demand for apparel, first half of this fiscal year, one of the major export destinations, witness drop in garment shipment
Canada, one of the major export destinations for Bangladeshi manufacturers, witness drop in garment shipment in the first half of this fiscal year by 7 percent to $437.78 million. The decline is due to global slump in demand for apparel, said Faruque Hassan, vice-president of Bangladesh Garment Manufacturers and Expor-ters Association.
In recent years, Bangladesh's competitors like India, Vietnam, Cambodia and Sri Lanka have managed to increase their shipments to Canada, which might be another reason for the decline, Hassan said.
