With 26.64% growth, Bangladesh leads apparel export to US in Jan-Mar | The Business Standard
Skip to main content
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Wednesday
May 14, 2025

Sign In
Subscribe
  • Epaper
  • Economy
    • Aviation
    • Banking
    • Bazaar
    • Budget
    • Industry
    • NBR
    • RMG
    • Corporates
  • Stocks
  • Analysis
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
WEDNESDAY, MAY 14, 2025
With 26.64% growth, Bangladesh leads apparel export to US in Jan-Mar

RMG

TBS Report
09 May, 2025, 12:10 am
Last modified: 10 May, 2025, 06:51 pm

Related News

  • Disrupting national anthem event at Shahbagh: 10 injured in confrontation during Udichi’s protest in Bogura
  • Shammo killing: Suhrawardy Udyan to get permanent police box; no entry for public after 8pm
  • Bangladesh secures staff-level agreement with IMF for $1.3b disbursement amid reform commitments
  • Legal notices seek judicial probe into killings of Shammo, Siddique, Tofazzal in DU; demand Tk150cr in compensation
  • 'Reconsider punitive measures': Army urges patience as ex-officers file 802 applications, says 106 in final stage

With 26.64% growth, Bangladesh leads apparel export to US in Jan-Mar

Bangladesh beats competitors, exports $2.22b to US: OTEXA

TBS Report
09 May, 2025, 12:10 am
Last modified: 10 May, 2025, 06:51 pm
RMG workers at a factory. File Photo: TBS
RMG workers at a factory. File Photo: TBS

Bangladesh has emerged as the fastest-growing apparel exporter to the United States in the first quarter of 2025, posting the highest year-on-year growth among its global competitors.

According to data from the Office of Textiles and Apparel (OTEXA), Bangladesh exported garments worth $2.22 billion to the US during January-March 2025, marking a 26.64% increase compared to the same period last year.

This performance placed Bangladesh ahead of other major exporters. India followed with a 24.04% rise, while Pakistan, Vietnam, and China recorded growth of 17.49%, 13.96%, and 4.18% respectively.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

Overall, the US imported $20.05 billion in apparel globally during the period, up 10.95% from the first quarter of 2024.

Bangladesh also saw a 25.24% increase in shipment volume, indicating rising demand and production capacity. India led in volume growth with 27.17%, while Pakistan (19.94%), Vietnam (9.14%), and China (2.30%) lagged behind.

In terms of unit prices, Vietnam recorded the highest increase at 4.42%, followed by China (1.83%) and Bangladesh (1.12%). India and Pakistan, however, saw declines of -2.46% and -2.04%, respectively.

Asif Ashraf, managing director of Urmi Group, one of the country's top apparel exporters, attributed the growth to Bangladesh's success in shipping more value-added products. 

"The slight uptick in prices suggests that we are exporting more sophisticated garments to the US," he said, warning that future performance could be impacted by Trump's recent tariff hikes. 

"While Bangladesh might benefit from the sustained high tariffs on Chinese products, if those tariffs begin to erode US consumers' purchasing power, it could hurt overall import demand – including for Bangladeshi goods."

Mohiuddin Rubel, former director of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), observed that China's export growth to the US lagged behind the overall increase in US apparel imports. "This suggests that Bangladesh has captured a share of the market China is losing," he said.

Still, he cautioned against overconfidence, noting that the full impact of the new US trade policies is yet to unfold. "The tariff situation under the Trump administration remains fluid. It's too early to predict how long this momentum will last," Rubel added.

Economy / Top News

Apparel Export / Bangladesh / US

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Bangladesh secures staff-level agreement with IMF for $1.3b disbursement amid reform commitments
    Bangladesh secures staff-level agreement with IMF for $1.3b disbursement amid reform commitments
  • News of The Day, 14 MAY 2025
    News of The Day, 14 MAY 2025
  • Naser Ezaz Bijoy. Sketch: TBS
    Now is an opportune moment to trial market-based exchange rate: StanChart CEO Bijoy

MOST VIEWED

  • Representational image. File Photo: UNB
    Army updates contact numbers for people seeking help across Dhaka, surrounding districts
  • Logo of bkash. Photo: Collected
    bKash posts Tk132cr profit in three months
  • IMF agrees to release $1.3b in June for Bangladesh as disagreement over exchange rate flexibility resolved
    IMF agrees to release $1.3b in June for Bangladesh as disagreement over exchange rate flexibility resolved
  • Collage shows [from left] shows the woman rushing to her house with the cat after, getting into the lift and the cat that was beaten. Collage: TBS
    Animal abuse outrages citizens: Grameenphone condemns incident allegedly involving employee
  • Photo: Screenshot
    Businessman shot in Gulshan after reportedly refusing to pay extortion
  • Walton expands footprint in Sri Lanka
    Walton expands footprint in Sri Lanka

Related News

  • Disrupting national anthem event at Shahbagh: 10 injured in confrontation during Udichi’s protest in Bogura
  • Shammo killing: Suhrawardy Udyan to get permanent police box; no entry for public after 8pm
  • Bangladesh secures staff-level agreement with IMF for $1.3b disbursement amid reform commitments
  • Legal notices seek judicial probe into killings of Shammo, Siddique, Tofazzal in DU; demand Tk150cr in compensation
  • 'Reconsider punitive measures': Army urges patience as ex-officers file 802 applications, says 106 in final stage

Features

An old-fashioned telescope, also from an old ship, is displayed at a store at Chattogram’s Madam Bibir Hat area. PHOTO: TBS

NO SCRAP LEFT BEHIND: How Bhatiari’s ship graveyard still furnishes homes across Bangladesh

1h | Panorama
Sketch: TBS

‘National University is now focusing on technical and language education’

22h | Pursuit
Illustration: TBS

How to crack the code to get into multinational companies

1d | Pursuit
More than 100 trucks of pineapples are sold from Madhupur every day, each carrying 3,000 to 10,000 pineapples. Photo: TBS

The bitter aftertaste of Madhupur's sweet pineapples

1d | Panorama

More Videos from TBS

News of The Day, 14 MAY 2025

News of The Day, 14 MAY 2025

1h | TBS News of the day
What did the governor say about IMF loan installments, dollar rate, and inflation?

What did the governor say about IMF loan installments, dollar rate, and inflation?

2h | TBS Today
BB resolves exchange rate dispute with IMF, expects next tranche in June

BB resolves exchange rate dispute with IMF, expects next tranche in June

3h | TBS Insight
What did Dr. Yunus say at the convocation of Chittagong University?

What did Dr. Yunus say at the convocation of Chittagong University?

3h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net