Dhaka: Bangladesh’s apparel exports to the EU during the January-March period of 2025 showed remarkable growth, reaching $5.98 billion from $4.63 billion fetched during the same period of 2024.
According to Bangladesh Sangbad Sangstha, the country’s readymade garment exports in January-March 2025 grew by 29.06%, supported by a strong 24.64% increase in volume, based on 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%, totaling $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 of BGMEA and Managing Director of Bangladesh Apparel Exchange, as well as Additional Managing Director of Denim Expert Ltd, mentioned that 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 the future. He emphasized the importance of Bangladesh maintaining its competitive edge and position in the EU market amidst the anticipated increase in work orders throughout 2025 to sustain growth momentum.
In comparison to Bangladesh, 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, totaling $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.