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Soumya Bhowmick
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- Asia Times1 article
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- Bangladesh faces balance of payments vulnerabilities23 Dec 2022—Asia TimesBangladesh’s trade trajectories are frequently praised because of the phenomenal growth in export profits from the ready-made garments (RMG) sector. In fiscal year 2021-22, export revenues hit a record high of US$52 billion. During the same fiscal, exports of woven garments increased by 33.82% to $19.40 billion, while knitwear garment exports increased by 36.88% year over year to $23.21 billion. However, export revenues for chemical products, agricultural products, and frozen and live fish...
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