Bangladesh was supposed to get more of the shifted orders from China, but unfortunately those were received by some other countries like Vietnam, Myanmar and Cambodia.
As a result Bangladesh cannot grab the apparel work orders, which are being shifted from China to other countries, due to lower capacity, weak infrastructure and inadequate supply of energy, exporters said.
China's market share in global apparel trade has been declining over the last few years because of a dearth of skilled workers and the manufacturing shift towards high-end and technological products.
Its market share last year stood at 36.7 percent or $161 billion, down 8 percent year-on-year, according to data from the World Trade Organization.
In other words, China lost garment work orders worth $14 billion in one year alone to other countries. On the other hand, the market share of Bangladesh, the second largest apparel supplier worldwide after China, is increasing but very marginally, meaning the country is unable to take advantage of the shifting work orders from China.
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