An effective tariff rate is the overall import duty after taking into account all applicable US tariffs and surcharges on a product

Bangladesh’s garment exports increased 11 percent year-on-year to $10.10 billion during the April-June quarter, the Bangladesh Bank said yesterday in its quarterly review.

The slowdown comes as garment exports to both Europe and the United States continue to decline

Bangladesh’s export sector is facing sharply higher ocean freight rates, largely driven by an escalating conflict between Iran and the US-Israel coalition that has choked shipping through the Strait of Hormuz, according to industry insiders.

The investigation was initiated today by the Office of the United States Trade Representative

Non-garment exports struggle with quality standards and logistics bottlenecks

The country’s merchandise exports grew by 21 percent year-on-year to $4.13 billion in October, mainly riding on increased garment shipments, according to data released by the Export Promotion Bureau (EPB) yesterday.

By limiting ourselves to these two markets, we are missing out on a whole world of opportunities.

The additional 1 per cent cash incentive on the export receipts of readymade garments would continue in the next fiscal year as the government looks to boost the shipment of clothing items.