Bangladesh, the second largest market for garment exports
Bangladesh is the second largest market for garment exports. As per Bangladesh import export data , its garments exports were around 54 billion US Dollars in 2022. The Bangladeshi garments exports were 15% higher than the previous year. As per past 6 months export data reports of Bangladesh, Knitted Clothing (12 billion), Woven Clothes (10 billion), Textile exports (600 million) and Home textiles (27 billion) were the most exported categories of garments by Bangladesh in 2021. Bangladesh trade data reports reflect that its total exports were around 42 billion USD in 2021. On the other hand, the total imports by Bangladesh are worth 93 billion US Dollars. Experts suggest that the Bangladesh garments industry could seek 6% growth by 2024. As per Bangladesh export data , Knitted Apparel & Clothing (24 billion), Clothing Accessories (Not Knitted) (18.5 billion), Worn Clothing (1.2 billion), Footwear (1.1 billion), Woven Fabric (792 million), Fish (479 million), Safety Equipments...