• Home
  • News
  • Bangladesh Garment Exports To USA Soar 6.65%
News Trade

Bangladesh Garment Exports To USA Soar 6.65%

Bangladesh Garment Industry

World’s second-largest garment exporter Bangladesh witnessed a 6.65 percent increase in its garment exports to the USA (United States of America).

The garment manufacturing country exported clothing worth US $ 5.40 billion in 2018.

In 2017, Bangladesh garment exports to the USA stood at US $ 5.06 billion.

The latest information was released by Office of Textiles and Apparel (Otexa).

Download Perfect Sourcing News App for Latest Business of Fashion News.

The net export earnings of Bangladesh stood at US $ 5.60 billion, up 6.42 percent. The export value was US $ 5.23 billion in the corresponding period of January-December 2017.

What’s significant for Bangladesh garment industry was that of the total value, US $ 206.25 million were from the non-garment industry. The amount was US $ 205 million in the prior year.

It is being assumed that the ongoing USA-China trade war has benefitted the Bangladesh garment industry the most.

Related posts

Textile, Apparel Sales Jump 9% In India; Imports Up 5%

Fashion e-retailer Asos to launch Gen Z-focused brand this October

Fashion Retailer Boohoo Acquires Womenswear Brand MissPap

Leave a Comment