-Bangladesh apparel exports to the United States fell by .%

According to Bangladesh’s “Daily Star” report on October 8, Bangladesh’s apparel exports to the United States from January to August 2023 were US$5.18 billion, a year-on-year decrease of 21.74%. The main reason is the overall slowdown in demand for apparel products in the U.S. market. Data from the U.S. Office of Textile and Apparel (OTEXA) show that U.S. apparel imports dropped from $69.21 billion to $53.45 billion in the first eight months of 2023, a decrease of 22.77%. Among them, imports from China were US$10.98 billion, a decrease of 29.47%; imports from Vietnam were US$9.06 billion, a decrease of 24.57%. </p