Brief Overview of the Woven Garments Exports of Bangladesh in 2024
The easing of inflationary pressures regarding the woven garment export in different key markets of the Bangladesh trade region has been fostering the annual export valuation of woven garments, and the resurgence has led to tremendous increases in orders. The political stabilization due to the trade agreements signed with international buyers for reassuring the retailers and brands regarding the proper pricing strategies accompanied by the diversification of Bangladesh trade firms in strategic efforts towards non-traditional marketing strategies has been a crucial role player in the overall woven garments export of the nation in 2024.
The cost-effective production processes and the skilled labor force engaged in the industrial sectors accompanied by the plethora of trade acquisitions regarding woven garments have recorded an increase of 25% in the total annual export valuation of 2024 from 2020 worth 55 billion US dollars, then 34 billion US dollars. The export market of woven garments is expected to reach new heights due to low labor costs and the competitive evolution of the thriving manufacturing sector.
The Top Woven Garments Exported From Bangladesh in 2024
Bangladesh has emerged as one of the leading garment exporters with diversifications in competitive pricing strategies. According to the Bangladesh Export Data, the top 10 leading variants of woven garments exported from Bangladesh in 2024 are,
1. Shirts - The annual export trade value of Shirts exported from Bangladesh in 2024 - 12 billion US dollars.
2. Trousers - The annual export trade value of Trousers exported from Bangladesh in 2024 - 8 billion US dollars.
3. T-shirts - The annual export trade value of T-shirts exported from Bangladesh in 2024 - 6 billion US dollars.
4. Jackets/Coats - The annual export trade value of Jackets/Coats exported from Bangladesh in 2024 - 5 billion US dollars.
5. Dresses - The annual export trade value of Dresses exported from Bangladesh in 2024 - 4 billion US dollars.
6. Skirts - The annual export trade value of Skirts exported from Bangladesh in 2024 -2 billion US dollars.
7. Blouses - The annual export trade value of Blouses exported from Bangladesh in 2024 - 1 billion US dollars.
8. Shorts - The annual export trade value of Shorts exported from Bangladesh in 2024 - 870 million US dollars.
9. Sweaters - The annual export trade value of Sweaters exported from Bangladesh in 2024 - 766 million US dollars.
10. Sportswear - The annual export trade value of Sportswear exported from Bangladesh in 2024 - 654 million US dollars.
Bangladesh has significantly revolutionized the export reach across different trade real destination estates countering the annual export valuation. As per the Bangladesh Trade Data, the top 10 export trade partners of the nation with which it trades most of its woven garments are,
1. United States - As per the USA Import Data, the total valuation of the woven garments exported in 2024 – 15 billion US dollars.
The top 5 exported variants of woven garments
1. Shirts 2. Dresses 3. Skirts 4. Shorts 5. Pants
2. Germany - As per the Germany Import Data, the total valuation of the woven garments exported in 2024 – 9 billion US dollars.
Que. What is the top exported woven garment of Bangladesh in 2024? Ans. Shirts are the top exported woven garments of Bangladesh in 2024.
Que. What is the export trade value of woven garments from Bangladesh in 2024? Ans. The export trade value of woven garments from Bangladesh in 2024 is 55 billion US dollars.
Que. Who is the top export trade partner of Bangladesh for woven garments in 2024? Ans. The United States leads the top export trade partner of Bangladesh for woven garments in 2024.
Que. Where can you get a detailed trade analysis of the Bangladesh woven garments exports in 2024? Ans. By subscribing to Import Globals, you can get a detailed trade analysis of the Bangladesh woven garments exports in 2024.