Post pandemic impact on Readymade Garments (RMG) and Its related sector in Bangladesh

Abstract

Bangladesh's Readymade Garments industry is the most growing in the country. Ready-made garment exports climbed to $34.1 billion in 2018-19, almost triple over a decade. Which is 84 percent of Bangladesh's total export volume of that year. In 2020, Covid-19 outbreaks, stops the whole world. Most of the country went for lockdown and stops the world trade. Bangladesh is different from others. Covid-19 hit almost every sector in Bangladesh. Mostly the Garments sector. Buyer canceled billions of dollar order. As a result, the export go down to $27.95 Billion in the year of 2019-20.