Bangladesh’s readymade garment exports grew 52 per cent in December 2021 reveals BGMEA. In calendar year 2021, Bangladesh’s readymade garment exports witnessed about a 30 per cent growth. Apparel makers witnessed growth in terms of both export volume and prices. Bangladesh’s apparel exports have been posing a higher growth for the past few months compared to the fiscal year 2019-20, which saw Covid devastation across the globe. The country’s apparel export industry witnessed the growth in spite of a sequence of lockdowns, Id holiday-led factory shutdown and disruptions due to the countrywide transport strikes against diesel price hikes.

The country’s garment shipments continued impressive recovery, largely driven by volume, as the price hike rate has been very low, with normalcy restoration in the global supply chain from the pandemic's severe fallout. In the US market, the 23.8 per cent growth in export earnings was mostly driven by volume, which rose by 19.8 per cent, whereas in contrast the rise in price per dozen was a mere 3.3 per cent. In the EU markets export earnings rose 8.9 per cent against the backdrop of a rise in volume of 7.9 per cent as against the rise in price by an insignificant 0.9 per cent.