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South Asian textile trade: Bangladesh's imports recover in 2024

20 Mar '25

2 min read

South Asian textile trade: Bangladesh's imports recover in 2024

Insights

Bangladesh remains reliant on South Asian nations of India, Pakistan, and Sri Lanka for yarn and fabric imports despite competing with them in the apparel sector.
In 2024, Bangladesh's yarn imports from India rose by **.* percent to $**** billion, recovering from a 2023 decline.
Fabric imports also increased by **.* percent. Imports from Pakistan and Sri Lanka fluctuated.

Despite ongoing political unrest in Bangladesh, its yarn imports from India, the largest country in South Asia, increased significantly by **.** per cent in ****, reaching $*,***.*** million. This marked a recovery from the decline seen in ****, when yarn imports from India fell to $*,***.*** million, down from $*,***.*** million in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

Bangladesh’s yarn imports from Pakistan followed a similar trend, declining in **** before rebounding in ****. The imports were valued at $**.*** million in ****, compared to $**.*** million in **** and $***.*** million in ****. Meanwhile, yarn imports from Sri Lanka remained relatively small but showed fluctuations, amounting to $*.*** million in ****, up from $*.*** million in **** but lower than the $*.*** million recorded in ****.