How the trade war between China and US could impact on Bangladesh.

Like Vietnam, Malaysia and Combodia which apparel manufacturer countries are grabbing the most of the US-China trade war escalation, Bangladesh, gets a lion shares of the whole as well. 

Perhaps, the reasons: why and how does it affect the Bangladesh's gradually upward economy presumably be few but significant. 

Why Bangladesh takes its lion shares: Bangladesh, whereas is profoundly known to the international business community for its robust RMG sectors that keeps a significant contribution to the economy with almost 80% share of the whole, so Bangladesh, without doubt, can be taken into consideration that it would surely try to keep its trade reputation at the highest. 


The US and some of the European importers’ associations have already decided to relocate their businesses from China to Asia's suitable exporters country. Needless to say, Here, Bangladesh must be a ground of investment and trade. On account of the environment, Bangladesh has outrun the other Asian countries against which it has been racing for longer.

The cost of production is enough less than the other apparel manufacturers in this region. Except it, Bangladeshi manufacturers have a good reputation of delivering the goods within the time they are provided.

Meanwhile, Bangladesh has incremented 34.10% of its growth which is, in dollar, $207.13 million accelerated from $157.47 million.

How to reap maximum benefit: Although Bangladesh has been a reliable and sustainable exporters country of Garments and Leather in this South Asian region, however, to continue grabbing the higher, it should be straight in its concentration to the infrastructures of the factories what could presumably alternate importers' eyes to another choice. It is the high time for Bangladesh to attract western buyers and help settling their decision in favour of it.

In contrast, Owing to the trade war escalation, our Steal imports could be ceased. It could trigger the price level of our markers going high.

Contrariwise,

The world economy could lose $1.2 trillion of output by 2021 if the trade war escalates, according to Bloomberg Economics. That estimate is based on 25% tariffs on all US-China trade and a 10% drop in equity markets.

Most recently, President Trump raised tariffs on $200 billion of Chinese goods to 25% from 10% in May.

Eventually, following all the predictors, Bangladesh is a real gainer of that war trade war. Pundits have forecast its accelerating exports could reach the amount  of $400 million by 2020. That could work as a auspicious factor for a long time if the war between the two economic giant continuous  to escalate.