News Flash
DHAKA, May 19, 2025 (BSS) – Bangladesh’s apparel exports to the EU during January-March period of 2025 showed remarkable growth, reaching $5.98 billion from $4.63 billion fetched during the same period of 2024.
The country's readymade garment exports in January-March, 2025 grew by 29.06%, supported by a strong 24.64% increase in volume, according to the recent data on the EU apparel import.
Additionally, there was a 3.55% increase in unit price, indicating balanced growth in export amount, volume, and price in the EU market.
During the period of January-March, 2025, the EU saw a significant surge in apparel imports, with a growth of 16.84%, totalling $24.65 billion. This increase was accompanied by a notable 20.25% spike in volume and a 2.84% decrease in average unit prices.
Talking to BSS, Mohiuddin Rubel, Former Director, BGMEA, Managing Director, Bangladesh Apparel Exchange and Additional Managing Director, Denim Expert Ltd, said while the EU growth surpasses that of Bangladesh, with tensions in the US market, Chinese players are expected to expand their market presence in Europe in future.
“It is crucial for Bangladesh to maintain its competitive edge and position in the EU market amidst the anticipated increase in work orders throughout 2025 to sustain growth momentum.” He added.
In comparison, China, India, Pakistan, and Cambodia also experienced substantial growth rates in January-March 2025.
China’s apparel exports to the EU reached $6.67 billion, up from $5.34 billion in the same period of 2024.
However, Turkey faced a 4.14% decrease in apparel imports to the EU, totalling $2.37 billion in January-March 2025, while Vietnam recorded an 18.09% growth, reaching $1.14 billion in exports.
India, Pakistan, and Cambodia secured $1.44 billion, $1.08 billion, and $1.16 billion, respectively, during January to March, 2025 from the EU clothing market.
