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Vision 2021: Mission US $ 50 billion seems (im)possible?

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Apparel Online Bangladesh August, 2016

READ MORE ON Apparel Exporter BangladeshApparel Supplier BangladeshBGMEACoatsIntertek

All eyes are on 2021, the year when Bangladesh will celebrate the golden jubilee of its independence and the year earmarked to achieve a target of US $ 50 billion export earnings from garment. The figure, though appears overwhelming, is not impossible to reach! Going by earnings of around US $ 1200 way back in 1978, the country emerged as the second largest exporter of RMG globally, second only to China. It made RMG export of US $ 26 billion in 2015 making an average year-on-year growth of 13.05 per cent between 1996 and 2015 which helped Bangladesh account for 5 per cent share in the US $ 450 billion global garment market and well-positioned to reach the magical mark…

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Source: Apparel Online Bangladesh August, 2016
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