16 April 2024

Garment exports face fresh trouble as Iran-Israel conflict stokes fears

By Redoy K

The escalating tensions between Iran and Israel have added new concerns for Bangladesh’s garment exports. Apparel shipments are already facing delays and higher costs due to the ongoing Red Sea crisis and the Gaza war. Buyers are now pressing for faster deliveries, while some are shifting orders to alternative suppliers like Turkey and Vietnam to avoid disruptions. Experts warn that if the Iran-Israel conflict worsens, it could further drive up shipping and production costs, threatening Bangladesh’s garment trade recovery efforts. (photos/dailystar)