Experience in Readymade Garments Export: A Study on Global Context

Abstract

This research investigates potential markets for Readymade Garments (RMG) sector to facilitate the sustainable development goal (SDG) of Bangladesh. The economic contribution from RMG through export income, industrialization and employment to the overall economy of the country is on an increasing trend. This research takes a mixed approach based on both primary interview and secondary data on the RMG sector potentials in the country. This study is timely, as the recent financial crisis in the developed world has drawn an element of threat on the sustainability of this sector. This calls for search of alternative markets, which are less vulnerable to such global financial crisis. This study suggests a few potential markets, which may become prospective alternatives, such as China, Brazil, Russia, South Africa and India.

Keywords

• rmg
• knitwear
• woven wear
• export promotion bureau (epb)
• bgmea
• bkmea