Bangladesh’s garment exports to the United States have increased by about 14 percent

The United States is one of the largest importers of clothing in the world. In the last 5 years (2017-2022), US apparel imports from Bangladesh have increased by 13.99 percent, while their annual imports from other countries in the world have increased by 4.50 percent.

Along with other countries of the world, the United States is one of the largest garment importers of Bangladesh. Bangladesh remains the third largest source of clothing for the US, accounting for 9.75 percent of the country’s total imports.

In 2021 it was 8.76 percent. In 2022, US textile imports from Bangladesh increased to 36.38 percent. The United States imported $9.74 billion worth of apparel from Bangladesh in 2022, up from $7.16 billion in 2021 and $5.40 billion in 2018. This information was informed in a press release of BGMEA.

According to per square meter (SME) figures, the United States imported 20.65 percent of apparel from Bangladesh annually, rising from 2.60 billion in 2021 to 3.14 billion in 2022, according to the news release.

On the other hand, US imports from China fell by 3.11 percent in 2022 compared to 2021, according to the statistics.

BGMEA president Farooq Hasan said that since the share of Bangladesh in the US garment import is only 9.75 percent, there is a great opportunity to increase this share further.

He also said that recently, Bangladesh has occupied the top position in the import of denim fabrics from the United States.