Bangladesh’s share in US apparel market declines   

Star Business Report 

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). 

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.