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Bangladesh 2nd largest supplier of apparel to Europe in Q1 2023

09 Aug '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In Q1 2023, Bangladesh was Europe's 2nd largest supplier of apparel imports, valued at $********, representing **.**4 per cent of total imports.
  • This figure was slightly higher than the corresponding period in 2022.
  • China remained the top supplier with a **.**9 per cent share.
  • However, Bangladesh ranked 10th in Europe's home textiles imports.

The imports by Europe from Bangladesh were slightly higher than the shipment of the corresponding period of last year. The inbound shipment was noted at $*.*** billion in January-March **** when it soared **.** per cent from the imports of $*.*** billion in January-March ****. Earlier, it was recorded at $*.*** billion in January-March **** and $*.*** billion in January-March ****, according to *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion&#**;s market insight tool TexPro.

Earlier, apparel imports by Europe from Bangladesh stood at $**.*** billion in ****, which was **.** per cent of its total imports of $***.*** billion. The partner country remained the second-largest supplier for the trade. The imports from Bangladesh were **.** per cent higher from the shipment of $**.*** billion in ****. The trade dented during the COVID period and eased down **.** per cent to $**.*** billion in **** from $**.*** billion in ****. However, it bounced back **.** per cent during the year ****

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