Dhaka, Feb. 9 -- The latest data on annual US apparel imports, covering 2024, show the performance of major supplying countries in the global apparel market.

Despite a modest overall growth in US apparel imports, with a 1.82% increase in value and a 5.88% rise in volume, there was a notable 3.83% decrease in average unit prices, indicating a competitive market with downward pressure on pricing, Mohiuddin Rubel, former director of BGMEA, said while sharing the data.

Bangladesh managed to hold its ground, achieving a slight 0.73% increase in export value to the US, reaching US$7.34 billion.

US delegation with focus on workers' rights visits BGMEA

The country also experienced a 4.86% growth in export volume. However, similar to the overa...