In 2021, Bangladesh emerged the largest exporter of denim garments to the US for the second consecutive year, as per the latest OTEXA report. The value of Bangladesh’s denim garments exports to the country surged 42.25 per cent y-o-y to $798.42 million from $561.29 million in 2020.
Latest OTEXA data estimates, the US’ imports from Bangladesh increased by 31.36 per cent to $3.68 billion in 2021. Imports from other countries like Mexico grew by 39.60 per cent in value to $654.57 million while that from Vietnam grew to $402.29 million in 2021.
Pakistan’s exports of denim garments surged by 54.60 per cent to $389.76 million compared to the previous year. China’s exports of denim apparels grew to $387.91 million during the year.