EU apparel imports from Bangladesh see the highest growth
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WEDNESDAY, FEBRUARY 08, 2023
EU apparel imports from Bangladesh see the highest growth

RMG

TBS Report
01 December, 2022, 07:30 pm
Last modified: 01 December, 2022, 07:33 pm

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EU apparel imports from Bangladesh see the highest growth

TBS Report
01 December, 2022, 07:30 pm
Last modified: 01 December, 2022, 07:33 pm
Representational Image. Photo:  Mumit M
Representational Image. Photo: Mumit M

The European Union's apparel import from Bangladesh has increased by 45.26% during the first eight months of 2022 compared to the same period last year.

This is the highest growth for a single country among all the apparel making countries, according to the data published by European statistics organisation EUROSTAT. 

The world's largest trading block imported $15.37 billion worth of clothing from Bangladesh from January to August, against an import worth $67.18 billion from the remaining apparel producing nations.  

Bangladesh remained the 2nd largest apparel import source for Europe with 22.89% share of EU's total apparel import.  

China, being the top apparel import source for the EU and having 28.06 % share, registered 26.59% year-on-year growth.  

EU's apparel imports from China reached $18.85billion in January-August 2022. 

Turkey is the third largest source for the EU and posted 20.38% growth during the same period. 

At the same time, the EU imported $3.56 billion worth apparel from India with a growth of 28.85% compared to the previous year. 

Other top countries having high growth were Cambodia 42.21%, Pakistan 31.34%, and Indonesia 35.41%.

Economy / Top News

apparel import / Apparel exports / European Union (EU)

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