US share in Bangladesh's apparel exports triples in Jan-Feb 2025

Bangladesh shipped garments worth $763.810 million to the US in January–February 2025, accounting for 54.28 per cent of its total garment exports of $1.407 billion during the same period, according to Fibre2Fashion's market insight tool TexPro.

It is important to note that the US’ share had been consistently declining over the past three years. It dropped to 18.52 per cent in 2024 from 21.36 per cent in 2022. Bangladesh exported garments worth $43.494 billion in 2022, of which shipments to the US amounted to $9.291 billion, representing 21.36 per cent of total garment exports.

Outbound shipments from Bangladesh declined by 16.31 per cent to $36.400 billion in 2023, while shipments to the US dropped by 25.41 per cent to $6.930 billion. Consequently, the US’ share in total exports fell to 19.04 per cent in 2023.

In 2024, total exports rose by 4.66 per cent to $38.098 billion, while shipments to the US increased marginally by 1.80 per cent to $7.055 billion. The slower growth in exports to the US further reduced its share to 18.52 per cent.

According to TexPro, exports of baby garments to the US stood at $250.831 million in 2024, accounting for 3.77 per cent of total exports. Shipments of men’s garments were recorded at $3,072.098 million (45.23 per cent), women’s garments at $1,908.758 million (28.70 per cent), and unisex garments at $1,415.126 million (21.30 per cent).

During 2024, exports of cotton garments to the US amounted to $4,869.570 million (73.28 per cent), man-made garments $1,234.608 million (18.58 per cent), and other types $536.168 million (8.07 per cent).

Fibre2Fashion News Desk (KUL)