Bangladesh’s share in US apparel market declines
Although women make up more than 50 percent of the RMG sector workforce, their stories rarely make headlines. FILE PHOTO: ANISUR RAHMAN
Bangladesh exported ready-made garments worth $9.82 billion in 2022, $7.25 billion in 2023, and $7.40 billion in 2024 to the US, ITC data shows.
Bangladesh's share in the US apparel market declined slightly in 2024 as shipments fell due to high inflation in American markets.
Last year, Bangladesh held an 8.85 percent share of the US apparel market, down from 8.89 percent in 2023 and 9.33 percent in 2022, according to data from the International Trade Centre (ITC).
For all latest news, follow The Daily Star's Google News channel. Bangladesh exported ready-made garments worth $9.82 billion in 2022, $7.25 billion in 2023, and $7.40 billion in 2024 to the US, ITC data shows.
In the same years, the US imported ready-made garments worth $105.35 billion, $81.59 billion, and $83.71 billion globally.
However, with the continuation of the Trump-era tariff policies, Bangladesh's garment exports to the US have been on the rise, as work orders are rebounding.