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COVID-19 vaccination boosts order flow for Bangladeshi exporters

  

Following the commencement of COVID-19, vaccination, Bangladeshi apparel exporters are receiving new orders from global buyers. As per Mohammad Hasan, Managing Director, Cotton Group, flow of work orders is better than before. Syed Mohammed Tanvir, Managing Director, Pacific Jeans adds, work flow is close to normal. However, Rubana Huq, President, BGMEA opines, there is no change in the work order trend. Current order volumes are 40 per cent lower than pre-Covid levels as people have limited demand at this point in time. She acknowledged order flow is better for outerwear and knitwear products.

In the first seven months of this fiscal, garment, which typically accounts for 84 per cent of the export receipts, raked in about $2.9 billion, down about 4.7 per cent from a year earlier. However, some of the exporters have already booked enough orders to run their factories at a sufficient capacity for the next few months.

Faruque Hassan, Managing Director, Giant Group says orders increased in all categories. A significant change has been noticed for small quantity orders, which are mostly focused on e-commerce sales. Buyers are not placing bulk orders as they are focusing on online-based sales, which has become more vibrant during the pandemic, said Md. Shahidullah Azim, Managing Director, Classic Fashion Concept. He advises exporters to change the manufacturing pattern as the future marketplace is online.

 
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