Exports to Japan will hit $2b by 2018: Tofail
Today we look at export situation of Bangladesh with a few partner
countries
Doubling exports to Japan in the last five years, it could
be crossing US$2 bn in 3 years ahead. Japan, opting for independence from
Chinese trade, have been looking to countries such as Bangladesh to supply
their domestic retailers for whom they allow duty-free access. Export consists
of products of apparel, shrimp, leather and jute. Naturally, RMG has highest
share (71.3%) and rising. In FY 2014-15, exports to Japan rose 6% to US$915.2
m, while imports stood at US$1.51 bn. Relations can be more in