Related Keywords: Apparel exports, Bangladeshi apparel products, BGMEA, BGMEA president Anwar-ul- Alam Chowdhury, Cambodia, India, Indonesia, merchandise exports from Bangladesh, safety and compliance issues, US Department of Commerce’s Office of Textiles and Apparel (OTEXA), US market, Vietnam
Bangladeshi apparel products are losing orders over safety and compliance issues imposed after Rana Plaza tragedy and Tazreen Fashion fire incident. The declining trend is apprehended to be continued in the months to come unless measures are taken to boost up buyers’ confidence.
Apparel exports are losing edge in the US market to its competitors namely Vietnam, Cambodia, India and Indonesia, as buyers have started cutting back their orders.
