Bangladesh apparel exports to the US surged to $194.08 million SME of garments in February 2021 against $89.73 SME of garments in the same period of last year. As per Apparel Resources, the value of US’ apparel imports from Bangladesh fell by 8.70 percent in February ’21 on a Y-o-Y basis. The country imported $ 5.39 billion worth of garments in February this year as against the $ 5.91 billion in the same month of 2020.

However, the import increased in volume terms by 3.20 percent to 2,069.78 million SME of garments during the month. Other exporters such as Pakistan, China, Bangladesh, Egypt, etc also noted growth in volume-wise apparel shipment to the US, while China and Pakistan upped their shipment in value and volume both terms.

Apparel exports by India, Vietnam and Indonesia to the US declined in both value-wise and volume-wise whereas exports by Bangladesh grew in volume.. Bangladesh’s apparel exports declined in terms of value to $480.98 million in February’21 against $528.47 million in the same month of the previous year.