Bangladesh’s garment exports have seen good growth at the end of the year. Inflationary pressures in the Western world are slowly easing which enables consumers to spend more on clothing items. Christmas sales were also buoyant, with international retailers and brands selling off their billions of dollars of old stocks.

Holiday shoppers are showing resilience, and retailers are offering great products and experiences at the right price levels to help stretch household budgets. Consumers are returning to in-store shopping for a more traditional holiday shopping experience.

International apparel retailers and brands have started bringing in new work orders for Bangladesh’s garment factories, prompting inquiries for future purchases. All in all, apparel suppliers expect a moderate recovery in exports in the coming year. In November 2022 Bangladesh’s apparel exports were 35 per cent higher than the same period last year. As a part of the post-Covid recovery, Bangladesh’s entrepreneurs have been able to increase their exports. However, they don’t expect the recovery in apparel shipments to be strong. It is expected to be moderate and the real recovery is expected to start from March onwards. There is still uncertainty about when the war will end and many issues are yet to be resolved, which could affect global trade.