RMG exports to US rise to 21.68pc y-o-y in Jan-July period

Business Report :

The country’s readymade garment exports to the United States experienced a robust growth of 21.68 per cent to $4.98 billion in the January-July period of 2025.

Bangladeshi exporters exported RMG items worth $4.09 billion in the same period of 2024, according to the latest data published by the US Office of Textiles and Apparel.

During the aforementioned period, Bangladesh outpaced almost all its major competitors in terms of export growth in the US, the country’s single largest export destination.

Exporters said that the shift of orders from China to Bangladesh, due to the trade war with the US, has accelerated exports.

They also stated that higher tariffs on China and competitor India might accelerate an increase in orders for the time being.

In a single month of July, the US imported RMG items worth $729.86 million from Bangladesh, a 4.97 per cent higher from $695.27 million in July of 2024, the Otexa data stated.

According to the Otexa data, the North American country imported apparel items worth $45.80 billion in January-July of 2025, a 4.98 per cent higher from $43.62 billion of the same period of 2024.
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In terms of volume, Bangladeshi RMG exports to the US also experienced positive growth of 20.34 per cent to 1.6 billion square metres in the first seven months of 2025, up from 1.33 billion square metres in the same period in 2024.
As the third-largest supplier to the US, Bangladesh’s market share in the North American country stood at 10.11 per cent as of July 2025.
Amid the ongoing trade war between the US and China, Vietnam remained the top exporter for the past several months, surpassing China.
In January-July, Vietnam’s apparel exports grew by 16.97 per cent, reaching $9.46 billion, higher than $8.08 billion recorded in the mentioned period of 2024. Vietnam held a market share of 20.08 per cent.
As the second-largest exporter, China further posted a negative growth of 21.07 per cent, reaching $6.92 billion in January-July of 2025, lower than $8.77 billion in the same period of 2024, and capturing a market share of 18.02 per cent.
Followed by Bangladesh, India secured the fourth position in the US market with a market share of 6.32 per cent.
The close competitor of Bangladesh bagged $3.3 billion in January-July of 2025, registering a 16.1 per cent growth from $2.85 billion in the first seven months of 2024, Otexa data stated.
RMG exports from Indonesia and Cambodia were $2.67 billion and $2.37 billion in the January-July of 2025, with a market share of 5.59 per cent and 5.24 per cent, respectively, making them the fifth and sixth largest RMG suppliers to the US.