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Wednesday, 10 November 2021 11:42

Bangladesh exports to the US up 43 per cent

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Bangladesh’s apparel exports to the United States in September 2021 grew by 43 per cent reveals latest OTEXA stats. The trend indicates buyers have shifted a portion of their sourcing to Bangladesh from China.

Readymade garment exports to the US from Bangladesh in January to September 2021 increased by 26.37 per cent. Apparel imports by the US from Vietnam in the nine months of 2021 increased by 15.11 per cent. Vietnam’s apparel exports to the US in September, however, grew only one per cent as factories in the country were closed due to a surge in Covid infection cases.

Readymade garment imports by the US from India in January to September of 2021 grew by 33.29 per cent. US apparel imports from China in the first nine months of 2021 grew by 25.13 per cent. Apparel exports by Cambodia to the US in January to September 2021 increased by 14.97 per cent. Readymade garment imports by the US from Indonesia in the nine months of 2021 increased by 7.45 per cent. Apparel exports by Mexico to the US in January to September of 2021 increased by 30.19 per cent.

Overcoming the pandemic shock, the US economy has started performing well and buyers have placed additional work orders to meet an increased demand for apparel items.