As stated by OTEXA, brassieres import by the US grew by 7.18 per cent in August ’20 over August ’19 to $186.46 million. Bangladesh’s contribution to this value was $12.82 million and this value is 146 per cent greater than what Bangladesh had exported in August ’19.
Even volumes-wise, Bangladesh recorded 145 per cent growth in August ’20 over August ’19 and shipped 490,505 dozen of brassieres to the US. In YTD period, Bangladesh shipped $76.32 million worth of brassieres to the US, noting 7.92 per cent Y-o-Y growth from the same period of 2019. However, in volume terms, the growth was negative as the country tumbled by 5.12 per cent on yearly note.
These statistics clearly state that Bangladesh, despite shipping less volumes in 2020 than in 2019, has seen positivity in value-wise export all because of a sharp rise of 13.75 per cent in unit prices.
Unit prices of shipped brassieres from Bangladesh valued $25.70 per dozen in January-August ’20 period, while the prices were just $22.59 per dozen in the corresponding period of 2019.