Bangladesh Exports Surged in Second Half 2008

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16 January 2009 - Apparel exports from Bangladesh surged in the second part of 2008, as US and EU retailers progressively turned to lower-priced products. A relatively low inflation rate and large availability of cheap raw materials are offering a strong opportunity to Bangladeshi clothing industry. With US textile quotas now removed on Chinese products, however, and the recession reducing demand from EU and US markets, domestic exports could less strongly rise in the near future.

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