Bangladesh continues to be the top exporter of denim products to USA holding a market share of 23 percent in the US denim market in September.
Reports maintained this citing data from the Office of Textiles and Apparel (OTEXA) of the Commerce Department, as per which, Bangladesh exported denim worth $ 738.70 mn in the first nine months of 2022, up 42.01 percent from $ 520.16 mn during the same period of 2021 to USA.
It may be mentioned here that notwithstanding the slowdown in the US caused by declining consumer demand, Bangladesh is still the number one exporter of denim garments to the North American country even if in 2021, Bangladesh became the top denim exporter to the US for the second consecutive year.
Meanwhile, speaking to the media, BGMEA Director and Additional Managing Director of Denim Expert Limited, Mohiuddin Rubel, reportedly maintained that there is a gap of two months in OTEXA’s data, in which case growth will slow down in the months of October and November.
“Till September we clearly did well,” claimed Mohiuddin.
