NO.293ADBBRIEFSMARCH2024KEYPOINTSExpandingandDiversifyingExportsinBangladesh:Challengesand•DespitethesuccesstheWayForwardingarmentsexports,Bangladesh’soverallexportMohammadAbdurRazzaqueBarunKumarDeyvolumeremainsmodestandEconomist(Consultant)SeniorEconomicsOfficersuffersfromastaggeringSouthAsiaDepartment(SARD)SARD,ADBconcentration.RecentAsianDevelopmentBank(ADB)unfavorablemacroeconomicdevelopmentsandtheRabiulIslamRabiimpendinggraduationfromResearchAnalyst(Consultant)leastdevelopedcountrySARD,ADB(LDC)status,underscoretheimportanceofexpandingandINTRODUCTIONdiversifyingexports.Thestrategicemphasisonexportdiversificationhasbeenalong-standingpolicy•HightariffprotectionfavoringobjectiveinBangladesh,asevidencedinitsvariousmedium-termnationalplanningimport-competingsectors,documentsandlong-termperspectiveplans.Nevertheless,thecountry’sexportcoupledwithweakdomesticstructurecontinuestobepredominantlyconcentratedinapparelproducts—mostproductstandardsandpopularlyknowninthecountryasready-madegarments(RMGs)—contributingtomorecompliance,havecreatedthan85%oftotalmerchandiseexportsin2023.Thisheavyrelianceonasingleindustrypolicy-induceddisincentivesexposestheeconomytorisksassociatedwithsector-specificdisruptions.fornon-ready-madegarmentsexports.Afterachievingremarkablesocioeconomicachievements,includingmaintaininganaverag...
发表评论取消回复