Bangladesh has finally turned into a big market for ready-made garment exports. After a long 15-month negative growth, Bangladesh's exports increased by about two and a half percent in January. Previously, the last 2016 was positive growth in September.
In January this year, Bangladesh exported 49 million dollars or 4 thousand 18 million dollars of garments. In this case, the growth is 2.45 percent. In January last year, exports were $ 48 million. Bangladesh has exported 506 billion dollars of clothing in 2017
These data are available from the US Department of Commerce's Office of Textile and Apparel (autocaqa) update statistics for US clothing import. It is seen that in January, the United States imported $ 705 million clothing from different countries. Growth is only 0.92 percent.
According to the Atxax, in January, Bangladesh has exported 18.5 million square meters of ready-made garments. In this case, the growth was 6.94 percent. In January, 6.32 percent of USA's total garment exports went from Bangladesh. In December last year it was 6.33 percent. That means the market share in the United States has increased slightly.
China has always been the top exporter of garment exports in the United States. But the country's export has decreased considerably. In January, they exported $ 234 million in the United States. This is 7.24 percent less than the 25 billion dollars exported in January last year. China occupies 33.341 percent of total garment exports in the US market. Last year it was 33.66 percent.
Vietnam is the second largest exporting country in the United States Vietnam has exported $ 110 million dollars in January In this case, the growth is 1 decimal 09 percent. Vietnam's market share in the United States is 14.4 percent. Bangladesh is the third largest garments exporter Bangladesh.
In January, Indonesia exported the fourth highest 41 million dollar clothing in Indonesia. India has exported the fifth largest $ 34 million garment India's market share is currently 4.60 percent.
