Bangladesh's apparel export value rose in June

According to the latest data, Bangladesh's apparel export value amounted to 2.895 billion USD in Jun, up by 29.2% and 13.2% year-on-year and month-on-month respectively. The apparel export value rose by 32.5% compared to June 2019. On varieties front, the export value of knitted and woven apparel inched up by 16.9% and 9% month-on-month, and up 37.1% and 20.6% year-on-year respectively. Compared with Jun 2019, the export value of knitted and woven apparel moved up by 32.5% and 8.7% year-on-year respectively, indicating that the apparel export recovered well and the export value of woven apparel improved faster than the knitted one.

In Jun, Bangladesh's home textile export value amounted to 94 million USD, up 6.56% year-on-year and 15% month-on-month. It rose by 84.1% compared with that in same period of 2019. Bangladesh's home textile export value in Jan-Jun climbed up by 32% year-on-year, which indicated that the overall export value performed well in Jan-Jun.

In terms of yearly and monthly changes, apparel and home textile exports performed well, indicating that the exports value in Jun have recovered to the same period of 2019. However, it will still be difficult to judge whether it was a stage recovery.

Bangladesh's home textile export value in Jun moved up month-on-month. Moreover, it has shined since last year.