Bangladesh’s garment exports face order cancellations

According to Bangladesh’s “Financial Express” report on March 18, as the impact of the new coronavirus pneumonia epidemic intensifies on the world, 20 Bangladeshi garment processing and export companies have experienced a total of about 17 million yuan. US dollar export order cancellation issue. The main destinations for Bangladesh’s garment exports are the EU and the United States. Affected by the epidemic, importers and dealers from the EU and the United States have canceled and postponed export orders from Bangladesh. Local garment processing and export enterprises in Bangladesh are facing increased pressure and uncertainty.