In the first half of 2022 Bangladesh’s denim exports grew by 57 per cent.

Bangladesh continues to persist as the top denim exporter to the USA. American denim imports from Bangladesh grew by 42 per cent in the first half. Mexico’s denim exports to the US grew by 26 percent. Pakistan’s denim exports to the US grew by 60 percent. Vietnam’s denim exports to the US grew by 44 per cent and China recorded a 26 per cent growth.

The apparel industry of Bangladesh despite numerous challenges, including reduced consumer demand and reported cancellation of some work orders by global buyers, managed to put up a decent performance in terms of apparel shipments in August 2022.

Bangladesh garment sector grew 446 per cent year-on-year in a single day during the period even if on the other end it also witnessed a negative growth of 54 per cent in a day. The hope is that August will end with positive growth though September and October are expected to see a negative trend.Plummeting sales in the West amid rising inflation driven by the Russia-Ukraine war is the big cloud on the horizon for the apparel industry of Bangladesh which is already taking a hit.