USA apparel import from Bangladesh increases by 13.99pc

USA apparel import from Bangladesh increases by 13.99pc

In last five years from 2017 to 2022, the United States (USA) apparel import from Bangladesh increased by 13.99 per cent whereas their import from the world has grown by 4.50 per cent annually.
The USA is one of the major apparel importers for Bangladesh as well as for the world. In 2022, USA import from the world increased by 22.48 percent year-over-year and reached $ 99.93 billion from $ 81.58 billion in 2021.
Bangladesh remains the third largest apparel source for USA with a 9.75 percent share of its total apparel import, which was 8.76 percent in 2021.
In 2022, USA clothing import from Bangladesh grew by 36.38 percent year-over-year. USA imported $ 9.74 billion worth of apparel from Bangladesh in 2022 which was $7.16 billion in 2021 and $5.40 billion in 2018, said a press release of the BGMEA.
The release said if the quantity based statistics measured in per square meter equivalent (SME), USA apparel import from Bangladesh registered 20.65 percent growth year-over-year, which reached to 3.14 billion SME in 2022 from 2.60 billion in 2021.