Bangladesh’s EU export decline points to a shift in apparel sourcing

BKMEA says H&M’s Bangladesh orders are ~40 per cent lower YoY, while FY26 apparel exports fell 1.64 per cent, led by a 3.31 per cent drop in EU shipments.
Germany’s imports from Bangladesh fell 11.5 per cent ($570 million), driving most of the country’s $645 million export decline.
India gains with UK tariff-free access, a pending EU FTA, and ₹95,000 crore in planned textile investments.