ISLAMABAD: Bangladesh has strengthened its position in the European Union (EU) garment market over the past five years, recording faster growth than major competitors despite recent economic challenges, Bangladeshi media reported Sunday.

Citing Eurostat data, Dhaka Tribune reported that EU garment exports rose from €72.25 billion (about $78.9 billion) in 2021 to €90 billion (around $98.3 billion) in 2025, an increase of 24.56%.

During the same period, Bangladesh’s ready-made garment (RMG) exports to the bloc grew by 35.81%, rising from €14.30 billion (approximately $15.6 billion) to €19.41 billion (about $21.2 billion).

China’s exports increased by 21.48%, while India posted 33.18% growth. Turkey’s exports declined by 9.48%.

Between 2024 and 2025, EU exports grew by only 2.10% amid inflation and weak consumer demand. Despite the slowdown, Bangladesh recorded 5.97% growth, outperforming China and Turkey.

Although price pressures and weaker demand affected exports in the latter half of 2025, Bangladesh maintained volume growth and strengthened its market share.

Articles tagged with "readymade garments"

Bangladesh leads garments exports to EU for five straight years: Report