Bangladesh’s apparel exports to the United States declined by 8.53 percent in January and February 2026 compared with the same period in 2025, according to data from the US Office of Textiles and Apparel (OTEXA). Both the average unit price and export volume dropped, by 2.47 percent and 6.21 percent respectively, leading to an overall contraction in export earnings.

Analysts attribute the decline to a broader downturn in US apparel imports, which fell 13.47 percent due to high inflation and interest rates reducing consumer purchasing power. While Bangladesh’s exports shrank, Vietnam and Cambodia recorded growth of 2.86 percent and 18.43 percent respectively, intensifying competition in the US market. Industry observers noted that these countries benefited from faster production capacity expansion, product diversification, and favorable labor and trade policies.

Despite the challenges, China’s apparel exports to the US plunged 57.65 percent during the same period, creating potential opportunities for Bangladesh. Exporters and the BGMEA emphasized the need to enhance competitiveness through cost control, efficiency, infrastructure improvement, and policy support to sustain market share and capitalize on emerging prospects.