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South Asian textile trade: Bangladesh's imports recover in 2024

20 Mar '25
2 min read
South Asian textile trade: Bangladesh's imports recover in 2024
South Asian textile trade: Bangladesh's imports recover in 2024

Insights

  • Bangladesh remains reliant on South Asian nations of India, Pakistan, and Sri Lanka for yarn and fabric imports despite competing with them in the apparel sector.
  • In 2024, Bangladesh's yarn imports from India rose by **.* percent to $**** billion, recovering from a 2023 decline.
  • Fabric imports also increased by **.* percent. Imports from Pakistan and Sri Lanka fluctuated.

Despite ongoing political unrest in Bangladesh, its yarn imports from India, the largest country in South Asia, increased significantly by **.** per cent in ****, reaching $*,***.*** million. This marked a recovery from the decline seen in ****, when yarn imports from India fell to $*,***.*** million, down from $*,***.*** million in ****, according to Fibre2Fashion&#**;s market insight tool TexPro.

Bangladesh’s yarn imports from Pakistan followed a similar trend, declining in **** before rebounding in ****. The imports were valued at $**.*** million in ****, compared to $**.*** million in **** and $***.*** million in ****. Meanwhile, yarn imports from Sri Lanka remained relatively small but showed fluctuations, amounting to $*.*** million in ****, up from $*.*** million in **** but lower than the $*.*** million recorded in ****.

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