Bangladesh has holding over 20-per cent share in the EU attire market.
As China, Vietnam, Cambodia and Pakistan compete with Bangladesh to seize extra share in the EU garment market attributable to US reciprocal tariffs, specialists really feel the development might squeeze margins and undermining profitability of Bangladesh garment exporters.
Other key locations the place garment exports have been diverted embrace Japan and Canada.
Bangladesh has holding over 20-per cent share in the EU attire market.
Other key locations the place exports have been diverted embrace Japan and Canada.
Eurostat information present China, on a median, shipped clothes price €1.87 billion (~$2.17 billion) every month to the EU from January to June this yr, whereas the typical shipments rose to €2.82 billion in the July-September interval. Hence, the nation’s general garment shipments to the EU have been price €19.76 billion in the course of the first 9 months this yr.
On the opposite hand, Bangladesh’s common single-month apparel-export earnings from the EU in the course of the July-to-September interval stood at €1.64 billion, whereas the typical month-to-month receipt was €1.71 billion in the course of the first six months this yr.
The nation began 2025 with €1.91 billion price of garment exports to the EU in January, whereas the best revenue of €2.11 billion occurred in March. Export efficiency continued falling since April, save July and September, home media reported
Over attire exports from the nation fetched €15.25 billion, seeing a 13.17-per cent development in the course of the January-September interval.
However, the single-month earnings missed the March mark.
Fibre2Fashion News Desk (DS)