Bangladesh’s apparel export to US rises 51%

Bangladesh’s apparel shipment to the US, the country’s single largest export destination, rose 50.98 percent year-on-year to $7.55 billion during January-September this year, the US Office of Textiles and Apparel (OTEXA) said.

With an 8.54 percent export share, the country remained the third largest apparel import source for the US.

In the first nine months of this year, the US imported apparel worth $69.27 billion from around the world, reporting a 34.61 percent rise year-on-year, according to OTEXA. During the same period, US imports from China, the largest supplier of apparel to the North American country, grew 22.48 percent to hit $17.72 billion.

At the same time, imports from Vietnam stood at $14.59 billion, posting an 18.51 percent year-on-year growth, OTEXA said.

Among the top 10 apparel suppliers to the US, imports from India, Indonesia, Cambodia, Pakistan, and South Korea grew 53.39 percent, 54.66 percent, 46.58 percent, 40.11 percent, and 39.61 percent per cent year-on-year, respectively.

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