Chattogram Port, the country’s premier maritime gateway, has reported a decrease in export container handling in September compared to August.
Essentially basically based on port statistics, 75,603 TEUs (twenty-foot the same devices) of export containers were handled in September, down from 78,146 TEUs in August. No topic the decline in export container handling, there became an amplify in import container handling.
In September, 117,402 TEUs of import container handling took plight. In August, the resolve became 114,708 TEUs.
Officers advise 80% of the merchandise exported via the port are ready-made attire. As well, frozen food, sneakers, jute merchandise, and assorted goods are additionally exported.
RMG exporters advise the worldwide financial slowdown has resulted in a decrease in ask for the ready-made garment industry worldwide. On account of inflation in lots of countries, they story that product prices bear dropped.
On the assorted hand, manufacturing prices within the industry bear elevated several times, which has impacted exports, advise the RMG exporters.
Exports bear tremendously declined in nearly all countries, including the two largest markets for the ready-made garment sector, they advise.
BGMEA Vice President Rakibul Alam Chowdhury told TBS that there might be instability within the garment industry following adjustments within the political landscape.
“On account of disruptions in manufacturing, many patrons bear already began to leave our country, and salvage orders are being cancelled. This has effort exports, ensuing in a decrease in export container handling,” he acknowledged.
Essentially basically based on the port data, the Chattogram port handled 17,834 TEUs extra export containers and 10,897 TEUs extra import containers in September 2024 compared to September 2023.
