Covid-19 put Bangladesh’s sweater exporters in a deep crisis

Due to the corona crisis, the supply of raw materials into Bangladesh from China has slowed down. From November to February, the offspring of Bangladesh’s sweater exporters are in a dilemma and generally, Bangladesh’s exporters export below 50% of their capacity installed. Speaking of Mostafa Rubel, Managing Director of the Dragon Company, a leading sweater exporter, the issue of coronavirus began impacting Bangladesh’s sweater segment since nearly 80% of human-made sweater yarn is mainly imported from China. However, peak seasons starting in March and ending in October change this pattern completely as our factories operate 100% with several plants with two or three shifts or even sub-contractors from permitted and approved plants during this time. But just as they entered the peak season by making enormous orders until June and July, the virus stopped unexpectedly in the world where its clothing is exported, Rubel said.