Bangladesh’s garment exports increase by %

Pakistan’s “Daily Times” reported that from July to September 2008, Bangladesh’s exports of garments earned US$3.4 billion, a year-on-year increase of 45%. Exports in September alone reached US$1.11 billion, an increase of more than 1.1 billion US dollars compared with 2007. 45%. These orders were secured before the global economic downturn began. The United States and Europe are the main countries and regions for Bangladesh’s garment exports. The chairman of the Bangladesh Garment Manufacturers and Exporters Association said that as the economies of the United States and Europe have begun to decline, Bangladesh’s garment exports will face an extremely difficult period.