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.
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.
