Bangladesh’s denim exports to the US in the first seven months of 2022 rose by 46 per cent.

In 2021, Bangladesh became the top denim exporter to the US for the second consecutive year. Currently, Bangladesh holds a 22 per cent market share of the US denim market.

Bangladesh’s denim sector has improved a lot with huge investments in denim processing plants. The fabric used to be imported but now about 60 per cent is being sourced from domestic suppliers.

A number of state-of-the-art fabric mills were established in the country due to the positive growth of denim.Bangladesh’s manufacturers now produce high-end products with increased investment in research and development, in-house design studios, and technologically advanced washing plants. However the ease of doing business needs to be further developed by resolving all the complexities related to infrastructure and ports.

Although, there has been a decline in orders as the global economy is going through an unstable situation due to war, inflation and the energy crisis. Retailers now have a surplus of goods and so are ordering less. 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.