Bangladesh cemented its position as the European Union’s second-largest apparel supplier | AI News Digest
In the first half of 2025, Bangladesh solidified its status as the European Union's second-largest apparel supplier, with exports rising 17.9% to €10.29 billion. Despite this growth, it faced stiff competition from China and Cambodia, which saw increases of 22.3% and 30.4%, respectively. The rise in exports was primarily driven by knitwear, which grew by 21.1%. However, concerns linger regarding internal challenges and the impact of US tariffs on Asian competitors. Overall, the EU's apparel imports increased by 12.3%, indicating a recovering market. Bangladesh's performance outpaced other major suppliers, showcasing its resilience amidst growing competition.