Home breadcru News breadcru Trade breadcru  | North America's share rises to 24.4% in Bangladesh's garment exports

Prime Content | 
North America's share rises to 24.4% in Bangladesh's garment exports

02 Mar '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • North America's share in Bangladesh's garment exports rose to **24.** per cent in 2023, up from **21.** per cent in 2019.
  • Europe remains the largest market despite a decrease in share from **62.** per cent to **57** per cent.
  • Asia Pacific's share grew slightly. Bangladesh's total apparel exports were $**3**.*** billion in 2023, recovering from a COVID-19 dip in 2020.

According to an analysis of trade data sourced from *f_homepage_tpblock&utm_medium=logo&utm_campaign=texpro_****" target="_blank">Fibre2Fashion’s market insight tool TexPro, the share of North America in Bangladesh’s total garment exports increased to **.** per cent in **** from **.** per cent in ****.

In terms of value of garment exports, Europe is the largest market for Bangladesh with a share of ** per cent in ****. However, this was lower than the **.** per cent share of Bangladeshi total garment exports in ****.

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!