The provided line graph delineates the export value of garments from Bangladesh over a 24-year period, spanning from 1988 to 2012, whereas the given pie chart depicts the distribution of export destinations and their corresponding values in the year 2012.
Overall, it is evident that the total value of Bangladesh’s apparel exports witnessed a discernible upward trajectory throughout the given timeframe. Furthermore, it is striking that the European Union consistently emerged as the predominant importer, whereas all other regions only accounted for moderate to minor proportions.
Having investigated the data, particularly inn 1988, Bangladesh’s clothing export earnings commenced at just nearly 1 billion dollars. This figure exhibited a moderate yet consistent rise throughout the 1990s and early 2000s, reaching approximately 5 billion dollars in 2000. From that point onward, the second half of the period was characterized a steeper growth in the total value, culminating in a peak of nearly 20 billion dollars in 2012, marking a twentyfold increase over the span of the period.
In 2012, the European Union emerged as the overwhelmingly dominant import of Bangladesh’s apparel exports, commanding a staggering 60% market share, which is equivalent to 11.38 billion dollars. The United States, while a distant second, still represented a significant portion at 24% or 4.53 billion dollars, whereas the remaining destinations namely Canada, Japan, and Turkey, alongside various other destinations, each constituted less than eight percent of the total, with their individual values ranging from 0.36 billion dollars to 1.55 billion dollars.