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$10→ $12.10 FOB: The real price of zero-duty apparel

12 Feb '26
3 min read
$10→ $12.10 FOB: The real price of zero-duty apparel
Pic: Shutterstock

Insights

  • Bangladesh imported $10.84 billion cotton (2024); 85 per cent already value-added.
  • India supplied $2.74 billion (25.3%) and 91.8 per cent vs US.
  • Zero duty cuts tariffs, but ~55 per cent US price premium including logistics offsets fibre gains.
  • As prices converge, conversion efficiency from India's ecosystem decides competitiveness.
  • Structure, not tariffs, drives long-term leverage.

Total Bangladesh cotton imports (Chapter ******, All countries)

Cotton fibre (********)

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