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China top apparel exporter globally in 2022, Bangladesh 2nd: WTO

04 Aug '23
1 min read
Pic: humphery / Shutterstock
Pic: humphery / Shutterstock

Insights

  • China topped apparel exporting nations globally last year with a 31.7 per cent market share, according to the World Trade Organisation.
  • It exported apparel worth $182 billion in 2022.
  • Bangladesh retained its second position, with a 7.9 per cent share in global garment trade last year.
  • Vietnam ranked third, grabbing 6.1 per cent market share.
China maintained its top position among apparel exporting countries globally last year with a 31.7 per cent market share, according to data released by the World Trade Organisation (WTO) recently. It exported apparel worth $182 billion last year.

Bangladesh retained its second position among apparel-exporting nations last year. The country’s share in garment trade rose to 7.9 per cent in 2022 from 6.4 per cent in 2021.

Bangladesh exported garment items worth $45 billion in 2022, the WTO said in its World Trade Statistical Review 2023.

Vietnam ranked third, grabbing 6.1 per cent market share. It shipped products amounting to $35 billion in 2022.

ALCHEMPro News Desk (DS)
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