Bangladesh’s export earnings from the US market touched double digit growth at over 11 per cent in the January-November period last year. Earnings from the US in this period of 2015 grew by 11.66 per cent compared to the same period of 2014. Earnings from readymade garment product exports to the US in the 11 months increased by 11.41 per cent compared to the same period of the previous year.

The country’s readymade garment sector has shown good performance in recent months. RMG export earnings from the US in July to December of financial year 2015-16 grew by 15.17 per cent compared to the same period of financial year 2014-15. Double digit export earnings growth in the US market is attributed to good competitiveness and improvement in factory compliance on the part of Asian country’s exporters.

Shaking off the negative impact of the Rana Plaza building collapse and the political turmoil Bangladesh, has started to gain space in the US market riding on the commitment and efficiency of entrepreneurs. Moreover, the ongoing factory inspection by Accord and Alliance is encouraging US buyers to come to Bangladesh.