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Bangladesh's apparel exports to Europe grow 15% in 2022

28 Feb '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • Apparel exports from Bangladesh to Europe registered an impressive growth of *****.*7 per cent to reach $**.*** billion in 2022 from $**.*** billion in 2021. At the same time, the supplies from China decreased slightly to $***.*** billion in 2022 from $***.*** billion in 2021. In 2022, China continued to be the top garment supplier for the continent.

The supply from Bangladesh made up **.** per cent of the total imports by European countries, making it the second largest exporter of apparel for the continent. Bangladesh’s exports to Europe decreased by *.** per cent to $**.*** billion in **** due to COVID-** but bounced back to increase by **.** per cent in ****, according to Fibre2Fashion’s market insight tool TexPro. 

China’s exports to Europe have been fluctuating since **** when they had decreased by *.** per cent to $**.*** billion in **** from $**.*** billion in ****. The exports decreased again by *.** per cent to $**.*** billion in **** due to the pandemic, before gaining *.** per cent to reach $**.*** billion in ****. In ****, China’s strict zero-COVID policy might have contributed to the decline of *.** per cent in China&#**;s garment exports to Europe. 

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