Bangladesh garment prices lag behind Vietnam, India

Bangladesh increased its apparel export volume to the United States by 26.62 percent from 2015 to 2024, while overall American garment imports fell 5.30 percent during the same period, according to the Office of Textiles and Apparel. Competitor nations showed mixed results, with China decreasing by 18.36 percent, while Vietnam and India grew by 32.96 percent and 34.13 percent, respectively. Bangladesh maintained unit pricing near the global average that the United States pays for apparel imports. Former Brand BGMEA director Mohiuddin Rubel said the country could significantly boost export values by increasing product quality rather than quantity, noting Vietnam achieved nearly equal export values to China in 2024 with less than half the volume by focusing on higher-priced items.