As against a 2.68 per cent growth in India’s apparel exports to the country, Bangladesh’s apparel exports to the US grew by 11.76 per cent during the July-November’24-25 period as against the corresponding period of the previous fiscal year. Meanwhile, Vietnam’s apparel exports to the US grew by 3.98 per cent during period.

Data from the Export Promotion Bureau (EPB) shows, during the period, Bangladesh exported apparel products worth $19.9 billion, of which RMG exports constituted 80.97 per cent.

Bangladesh's share of apparel exports to the US market decreased by 3.33 per cent Y-o-Y during the January-October’24-25 period while China’s decreased by 1.06 per cent.

Bangladesh's RMG exports have been growing with the country becoming the second-largest RMG exporter in the world. In the July 2023-May 2026, Bangladesh’s RMG exports increased by 2.86 per cent to $43.85 billion.