Bangladesh Eyes Yarn Export Growth by Learning from Asia
Bangladesh’s yarn export industry holds strong promise, but to thrive globally, it must overcome several challenges. Regional leaders like Vietnam and Indonesia provide valuable models. Vietnam has boosted textile exports by emphasizing sustainability and high quality, while Indonesia has succeeded through tech adoption and expanding to new markets.
To follow suit, Bangladesh must invest in advanced technology and upgrade its infrastructure to improve quality and efficiency. Embracing sustainable production and aligning with global standards will be crucial for attracting international buyers.
Additionally, broadening trade partnerships and diversifying export destinations will create new growth opportunities. By applying these strategies, Bangladesh can strengthen its position in the global yarn market and drive long-term growth in the textile sector.