Bangladesh’s apparel sector reached $38.48 billion in exports in 2024, with a 7.23% year-on-year growth. Overall, Bangladeshi exports account for 7.4% of global garment exports.

The knitwear sector led the growth, contributing $20.52 billion in exports. The country’s competitive advantage, including US tariff benefits and strong presence in key markets like the EU, US, and UK, drove this success. Government incentives and supportive infrastructure further boosted investment. This growth highlights Bangladesh’s strong position as a global apparel leader, focused on sustainability and continued development.