In the financial year from 2023 to 2024, the export value of ready-made garments (RMG) in Bangladesh amounted to approximately ** billion U.S. dollars. This was a decrease from the previous year, in which RMG exports in Bangladesh amounted to ** billion U.S. dollars.
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Bangladesh Exports: USD: Year to Date: Value: Ready Made Garment data was reported at 14.100 USD bn in Mar 2025. This records an increase from the previous number of 12.456 USD bn for Feb 2025. Bangladesh Exports: USD: Year to Date: Value: Ready Made Garment data is updated monthly, averaging 4.723 USD bn from Jun 2004 (Median) to Mar 2025, with 248 observations. The data reached an all-time high of 21.253 USD bn in Jun 2023 and a record low of 345.200 USD mn in Jul 2007. Bangladesh Exports: USD: Year to Date: Value: Ready Made Garment data remains active status in CEIC and is reported by Bangladesh Bank. The data is categorized under Global Database’s Bangladesh – Table BD.JA006: Trade Statistics: Exports by Commodity: USD.
Total exports of goods from Bangladesh rose to ***** billion U.S. dollars in 2023. This is the highest level in ten years, nearly double the 2013 figure. Much of these exports are garments and textiles. Why exports matter Net exports are an important component of gross domestic product (GDP), the most common measure of a country’s economic success. Bangladesh tends to have a trade deficit, but the increasing value of exports will offset this loss. Additionally, the manufacturing sector, and in particular the garment industry, contribute to Bangladesh’s low unemployment rate, offering jobs that pay better than many others in the country. Bangladesh and garmets Bangladesh has one of the lowest monthly miminum wages worldwide. However, the garmet industry has fueled significant economic growth . For this reason, people both inside and outside of Bangladesh have conflicting views over the industry there. Human rights activists regularly spotlight the poor and dangerous working contitions in such factories. However, the average monthly wages in the industry are enough to lift entire families out of extreme poverty. As long as the business makes sense, the garment industry will continue to make use of Bangladeshi labor, contributing to the exports measured in this statistic.
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United States Imports from Bangladesh was US$8.78 Billion during 2024, according to the United Nations COMTRADE database on international trade. United States Imports from Bangladesh - data, historical chart and statistics - was last updated on July of 2025.
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Bangladesh Exports to United States was US$6.14 Billion during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports to United States - data, historical chart and statistics - was last updated on June of 2025.
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The Bangladesh Textile Market is projected to reach USD 29.31 billion by 2033, growing at a CAGR of 5.81% from 2025 to 2033. The market's growth is primarily driven by increasing demand for textiles from both domestic and international markets, rising population, and government initiatives to promote the textile industry. Moreover, the rise in disposable income and the growing adoption of fashion trends are further bolstering the market growth. Key trends shaping the market include the increasing focus on sustainability and eco-friendly production methods, technological advancements in textile manufacturing, and the growing popularity of e-commerce for textile sales. However, factors such as volatility in raw material prices, intense competition, and fluctuations in exchange rates pose challenges to market growth. Major players in the market include Ha-meem Group, Noman Group, Beximco Textile Division Limited, Square Textile Ltd, and DBL Group, among others. The market analysis provides comprehensive insights into the competitive landscape, demand-supply dynamics, and future growth prospects, making it valuable for industry participants, investors, and other stakeholders. The Bangladesh textile market is a significant contributor to the country's economy, accounting for over 9% of GDP and employing over 4 million people. The industry is highly export-oriented, with over 90% of production being exported to global markets. The textile sector in Bangladesh is primarily focused on the production of garments, which accounts for around 80% of total textile exports. Recent developments include: December 2022: The Asian Development Bank (ADB) signed a EUR 10.8 million (USD 11.2 million) facility agreement with the Bangladeshi manufacturer of fashion denim, Envoy Textiles Limited, to support and finance the purchase and installation of energy-efficient spinning machinery and other equipment. This move is expected to enhance sustainable textile production and generate local jobs. The proceeds of the loan will be used to fund a second yarn spinning unit at Envoy's manufacturing plant in Jamirdia, Bangladesh., March 2022: The American Apparel and Footwear Association (AAFA) signed a Memorandum of Understanding (MoU) with the Bangladesh Garment Manufacturers and Exporters Association (BGMEA). The two groups will explore opportunities and work together to increase trade access for Bangladesh to the US market, improve purchasing practices, build on the great work already done by the Bangladeshi industry on sustainability, and expand the strong partnership between the US and Bangladeshi industries.. Notable trends are: Increasing Demand for Natural Fibers.
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United States Exports of textile products and articles, for technical use to Bangladesh was US$62.95 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of textile products and articles, for technical use to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of other made textile articles, sets, worn clothing to Bangladesh was US$480.74 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of other made textile articles, sets, worn clothing to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of rubberised textile fabrics to Bangladesh was US$93.83 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of rubberised textile fabrics to Bangladesh - data, historical chart and statistics - was last updated on May of 2025.
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United States Exports of textile hosepiping and similar textile tubing to Bangladesh was US$8.03 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of textile hosepiping and similar textile tubing to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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Bangladesh Exports of other made textile articles, sets, worn clothing to United States was US$161.8 Million during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of other made textile articles, sets, worn clothing to United States - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of worn clothing and other worn textile articles to Bangladesh was US$124 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of worn clothing and other worn textile articles to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of impregnated, coated or laminated textile fabric to Bangladesh was US$2.5 Million during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of impregnated, coated or laminated textile fabric to Bangladesh - data, historical chart and statistics - was last updated on May of 2025.
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Bangladesh Exports of knotted netting; made up fishing nets of textile materials to United States was US$91 during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of knotted netting; made up fishing nets of textile materials to United States - data, historical chart and statistics - was last updated on June of 2025.
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United States Exports of machines for preparing textile fibers and yarns to Bangladesh was US$92 Thousand during 2023, according to the United Nations COMTRADE database on international trade. United States Exports of machines for preparing textile fibers and yarns to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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Bangladesh Exports of worn clothing and other worn textile articles to United States was US$39.06 Thousand during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of worn clothing and other worn textile articles to United States - data, historical chart and statistics - was last updated on July of 2025.
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United States Exports of rubber thread and cord, textile yarn to Bangladesh was US$40.92 Thousand during 2024, according to the United Nations COMTRADE database on international trade. United States Exports of rubber thread and cord, textile yarn to Bangladesh - data, historical chart and statistics - was last updated on June of 2025.
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Bangladesh Exports of other made textile articles, sets, worn clothing was US$818.6 Million during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of other made textile articles, sets, worn clothing - data, historical chart and statistics - was last updated on June of 2025.
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Bangladesh Exports of carpets and other textile floor coverings to United States was US$3.74 Million during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of carpets and other textile floor coverings to United States - data, historical chart and statistics - was last updated on July of 2025.
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Bangladesh Exports of garments, made-up of fabrics, of felt, nonwovens to United States was US$88.46 Million during 2015, according to the United Nations COMTRADE database on international trade. Bangladesh Exports of garments, made-up of fabrics, of felt, nonwovens to United States - data, historical chart and statistics - was last updated on May of 2025.
In the financial year from 2023 to 2024, the export value of ready-made garments (RMG) in Bangladesh amounted to approximately ** billion U.S. dollars. This was a decrease from the previous year, in which RMG exports in Bangladesh amounted to ** billion U.S. dollars.