Feedback Here

fbook  tweeter  linkin  google
Global contents also translated in Chinese

Bangladesh denim apparel exports to the US decline

As per OTEXA’s recent import data, denim apparel exports from Bangladesh to the US declined by 5.81 per cent during the Jan-Feb’19 period. The country exported denim apparels worth $ 64.78 million as against $ 68.77, in the corresponding period last year.

Bangladesh’s export in skirts and jackets went up. The major revenue earning categories, men & boys (MB) jeans and women & girls (WG) jeans, noted a downfall. Exports of MB jeans declined by 2.57 per cent to $ 35 million, while those of WG jeans tumbled by 13.46 per cent to $26.40 million.

Thes drop in denim apparel export can impact Bangladesh as its competitor Vietnam grew significantly by 35.85 per cent during the same period to touch $ 50.13 million.

The gap between Bangladesh and Vietnam, particularly in denim exports, is shrinking. Last year the difference between export of both the countries hovered around $32 million, while, in first two months of 2019, it compressed to just $12.56 million which is not at all a good sign for Bangladesh denim industry.