The United States is the top importer of garments in Bangladesh. In the 2021-22 fiscal year, Bangladesh earned 9.01 billion dollars by exporting readymade garments to the US market; Bangladesh’s exports to the country increased by 51.57%. These data have emerged in the Export Promotion Bureau (EPB) statistics.
In addition, exports to the world’s largest garments importer, the European Union, increased by 33.87% to 21.04 billion dollars, which was 15.99 billion dollars in the 2020-21 fiscal year.
Exports to Germany, the largest garments export market for Bangladesh in the EU region, increased by 27.74%. Bangladesh has exported garments worth 7.16 billion dollars to the country.
Meanwhile, in the 2021-22 fiscal year, exports to non-traditional markets increased by 25.40%. However, among the major non-traditional markets, China and Russia recorded negative growth of 18.04% and 1.67% respectively.
