Bangladesh Lingerie and shapewear exports: US market,Jan 22 report
22 March 2022, Mumbai:
Bangladesh’s lingerie and shapewear export in the USA witnessed good growth in the first month of 2022. According to the Office of Textiles and Apparel (OTEXA) data, Bangladesh exported $16.62 million worth of lingerie and shapewear in January 2022.
Witnessing a 14.31% growth in the first month of 2022. Which was $14.54 million in January 2021.
Bangladesh’s manufacturers making inroads into lingerie – thanks to the ever-changing global market and better margins.
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Bangladesh’s garment producers are rushing into the lingerie void left by China (the country’s lingerie export only grew by 9.61%).
The OTEXA data showed that the USA imported $260.13 million worth of foundation garments in the period.
Noting a 21.37% Y-o-Y growth.
Among the top exporting countries, China exported $89.08 million worth of brassieres/foundation garments to the USA. With 9.61% Y-o-Y growth.
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While, in January 2022, Vietnam exported $51.30 million brassieres/foundation garments. Noting a 28.35 % Y-o-Y growth.
Indonesia shipped $33.29 million lingerie and shapewear in the USA – with 81% Y-o-Y growth. Sri Lanka earned $25.94 million in January ’22, noting 35.11% Y-o-Y growth.
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CREDITS: Textile Today (The news article has not been edited by DFU Publications staff).