Bangladesh's apparel exports to EU surge by 33.78 per cent in October

Bangladesh’s apparel exports to the European Union in October 2024 experienced a substantial year-on-year increase of 33.78 per cent, marking the strongest growth recorded in the first ten months of the year. The EU imported apparel worth US $ 1.82 billion from Bangladesh in October, up from US $ 1.36 billion during the same month in 2023, according to data released by Eurostat, the EU’s statistical office.

Exporters attributed this significant spike in exports to an accumulation of work orders from global buyers. However, they noted that the nearly 34 per cent increase in October appeared abnormal. The surge was partly due to shipment delays caused by political instability and labor unrest in Bangladesh during July and August, which led to a backlog of orders being fulfilled in September and subsequently contributing to October’s robust figures. This development has been widely covered in Bangladesh Export News.


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