In the current global economic environment, the textile garment industry faces many challenges. Most countries, especially the traditional textile garment exporting powers, have experienced a decline in exports. Factors include global economic slowdown, trade tensions, shrinking demand and various regional conflicts and financial risks.

According to data from the General Administration of Customs, Chinas textile garment exports fell 8.3% in the first half of the year, which is consistent with the overall trend of the global economy, especially when considering current various economic and trade risks such as the Russian-Ukrainian conflict, the tightening of the international financial environment and the decline in demand in major developed economies.

Vietnam, Cambodia, India and Pakistan also experienced a significant decline in textile garment exports, especially Vietnam and Cambodia, which fell 17.6% and 19% respectively, while India and Pakistan also fell to 18.7% and 14.59%, respectively.

But in this global trend, Bangladesh is on the brink of the downturn, with its textile garment exports growing by 26%.Especially in the garment industry, Bangladeshs exports grew by 28.3%.This growth is attributed to the feast holiday postponing April shipments to May, but it is undeniable that Bangladesh does do well in the global textile garment market.

Overall, the textile garment industry faces many challenges. Global economic slowdown, trade tensions and contraction of demand put pressure on the industry. However, some countries, such as Bangladesh, are still able to stand out in the downside. This emphasizes opportunities and possibilities in the global economy, even in the face of challenges.