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Bangladesh’s apparel exports to the US rise by 17.23% I during 9M FY25

 

Bangladesh's clothing exports to the United States increased by 17.23 per cent during the 9MFY25 period spanning July’24-March’25, according to the latest data released by the Export Promotion Bureau (EPB).

This increase comes even with concerns about potential reciprocal tariffs that the Trump administration imposed in early April, as the US is Bangladesh's largest single-country destination for ready-made garments.

During these nine months, the US accounted for 18.97 per cent of Bangladesh's total garment exports, with shipments valued at $5.74 billion, as per the EPB data

Overall, Bangladesh's RMG) exports increased by 10.84 per cent to $30.25 billion during the first three quarters of FY25 compared to the same period the previous year.

The European Union remained the top regional destination, absorbing 49.82 per cent of total RMG exports, worth $15.07 billion. This represents a Y-o-Y increase of 11.31 per cent. Germany was the leading market within the EU, with imports valued at $3.80 billion, followed by Spain, France, the Netherlands, Italy, and Poland.

The Netherlands recorded a significant 23.15 percent rise in imports, while France, Sweden, and Denmark also showed strong growth.

The United Kingdom imported $3.36 billion worth of products—11.10 per cent of total exports. However, growth in the UK market was more modest at 4.14 per cent.

Exports to non-traditional markets grew by 6.66 per cent, reaching $5.12 billion and making up 16.93 per cent of total RMG shipments. Japan was the leader in this category with imports valued at $960.45 million, followed by Australia and India.

Among other notable destinations, Turkey imported $357.22 million worth of garments, while exports to Mexico stood at $251.22 million.

Despite encouraging performance in several emerging markets, exports to Russia, South Korea, the UAE, and Malaysia declined. The decline in exports to Russia is largely attributed to geopolitical tensions, while weaker performance in the UAE, Malaysia, and Korea suggests a need for renewed commercial efforts.

Looking at product types, knitwear exports increased by 11.22 per cent, although shipments to non-traditional markets slowed. Woven garments exports increased by 10.40 per cent, supported by rising demand in less conventional markets even as growth in the UK remained subdued.

 
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