Bangladesh is looking for Duty Free Quota Free (DFQF) access to the US. By increase its volume of trade to the US with the help of DFQF, Bangladesh feels it would be able to progress further in women’s empowerment and elimination of terrorism.
Bangladesh’s apparel exports to the US, its single largest destination, have declined 1.96 per cent year-on-year. Garments account for 95 per cent of the goods exported from Bangladesh to the US. There is a change in the attitude of US consumers, who now prefer spending more on electronic gadgets compared to clothes.
Bangladesh now faces an export duty of 15.62 per cent under America's most favored nations' category. But apparel exports from Vietnam to the US may face stricter rules as the US has abandoned the Trans-Pacific Partnership. Vietnam—one of the major competitors of Bangladesh in the US market—was supposed to enjoy a zero duty benefit as one of the member nations of TPP. After the scrapping of the TPP, the export duty of 8.38 per cent for Vietnam will remain in force. This may ultimately benefit Bangladesh.
Nine out of 10 top apparel exporting nations of the world experienced negative growth in shipment to the US in 2016. Only Vietnam's apparel exports increased 0.30 per cent year-on-year in 2016.

- 1
- 2
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
UK fashion sourcing shifts south as Bangladesh overtakes China
The UK’s apparel sourcing has seen a realignment in recent years, as retailers increasingly diversify production away from traditional East... Read more
Why European consumers are spending more but buying less fashion
For much of the last two decades, the European fashion industry operated under the assumption that rising consumer wealth would... Read more
Why US apparel prices defied inflation while product quality improved
As inflation reshapes nearly every aspect of American household spending, one consumer category continues to stand apart. Housing costs have... Read more
The Resale Revolution: Vinted’s marketplace model reshapes European retail
The French fashion market has reached a turning point. In a development that highlights the growing influence of circular commerce,... Read more
France declares war on ultra-fast fashion with new green law, will reshape globa…
France has become the first major economy to legislate specifically against the ultra-fast fashion business model, a watershed moment for... Read more
France declares war on ultra-fast fashion with new green law, will reshape globa…
France has become the first major economy to legislate specifically against the ultra-fast fashion business model, a watershed moment for... Read more
Click-and-Collect: Why retailers are turning pickup counters into sales machines
Modern retail has changed the role of the physical store. Once viewed primarily as a point of sale or inventory... Read more
Why fashion e-commerce returns persist despite smarter sizing technology
For over a decade, the fashion sector has invested heavily in virtual fitting rooms, AI-powered size recommendations, and 3D body... Read more
A Quest for Essence: Unveiling the 2027 A/W Trends at Intertextile Shanghai Appa…
As the global textile industry looks toward the upcoming season, the Intertextile Shanghai Apparel Fabrics – Autumn Edition stands ready... Read more
Beyond globalization, local consumer behavior rewriting fashion retail strategy
The traditional blueprint for global fashion expansion is being rewritten. For decades, apparel companies assumed globalization would gradually create a... Read more











