According to statistics from the U.S. Department of Commerce, in the first four months of 2014, Bangladesh’s textile and apparel exports to the United States fell by 0.56% compared with the same period last year, reaching $1.77 billion. The head of the Bangladesh Garment Manufacturers and Exporters Association said that since the collapse of the Rana Building in Bangladesh, a total of 175 export-oriented small and medium-sized garment factories have been closed in Bangladesh, and international retailers have also begun to transfer orders to neighboring countries such as Vietnam. , leading to a decline in Bangladesh’s apparel exports to the United States.
According to statistics, the United States imported a total of US$32.89 billion in textiles and clothing products from January to April, a year-on-year increase of 3.23%. Among them, China continued to top the list with US$11.49 billion, followed by India with exports of US$2.34 billion, a year-on-year increase of 5.88%, and Bangladesh only ranked sixth.
