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Tags : export diversification


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Holistic approach holds key to export diversification

THE government’s failure overshadows its achievements efforts for export diversification. It has put in efforts for two decades, yet apparel as a single sector continues to dominate export earnings. Whilst apparel accounted for about 85 per cent of the overall export earnings of $50 billion in the 2024 calendar year, suggesting a heavy reliance on a single export item that has...

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Boosting RMG, export diversification stressed

Speakers at a meeting on Thursday underscored the need for export diversification, enhancing productivity and competitiveness to withstand future trade challenges and maintain global market access alongside framing proactive policies to build resilience...

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Why export diversification urgent

BANGLADESH has emerged as one of the most promising economies in South Asia, often cited for its steady growth, robust remittance inflows and the export-driven success of its ready-made garment sector. However, this success has also created a structural dependence that increasingly appears to be a vulnerability. With over 84 per cent of the country’s total export...