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Father of the Nation Bangabandhu Sheikh Mujibur Rahman
Bangabandhu Sheikh Mujibur Rahman addressed at the UNGA
National Martyrs' Memorial (Jatiyo Smriti Soudho), Savar
Language Martyrs’ Monument (Shaheed Minar), Dhaka
National Parliament Building (Jatiyo Sangshad Bhaban), Dhaka
Hon'ble Prime Minister of Bangladesh
Hon'ble Prime Minister of Bangladesh
After Presentation of Credential by H.E. Ambassador Mohammad Ziauddin to the US President
Ambassador Ziauddin attends Iftar at White House on 6 June 2018
Ambassador Mohammad Ziauddin shaking hands with Secretary of State Mike Pompeo
Foreign Minister Abul Hassan Mahmood Ali and US Secretary of State Mike Pompeo
Biman Bangladesh Airlines
Biman Bangladesh Airlines
Bangladesh Cricket Team in Washington DC 2014
  • Father of the Nation Bangabandhu Sheikh Mujibur Rahman
  • Bangabandhu Sheikh Mujibur Rahman addressed at the UNGA
  • National Martyrs' Memorial (Jatiyo Smriti Soudho), Savar
  • Language Martyrs’ Monument (Shaheed Minar), Dhaka
  • National Parliament Building (Jatiyo Sangshad Bhaban), Dhaka
  • Hon'ble Prime Minister of Bangladesh
  • Hon'ble Prime Minister of Bangladesh
  • After Presentation of Credential by H.E. Ambassador Mohammad Ziauddin to the US President
  • Ambassador Ziauddin attends Iftar at White House on 6 June 2018
  • Ambassador Mohammad Ziauddin shaking hands with Secretary of State Mike Pompeo
  • Foreign Minister Abul Hassan Mahmood Ali and US Secretary of State Mike Pompeo
  • Biman Bangladesh Airlines
  • Biman Bangladesh Airlines
  • Bangladesh Cricket Team in Washington DC 2014

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USA is Bangladesh's most important trading partner, with about 18% of its exports being destined for USA. Bangladesh exported worth $5.27 billion in 2014 to USA, with more that 89.09 percent being the clothing items. From US perspective, however, Bangladesh is a small trading partner.

Bangladesh's exportable include textile and clothing products, shrimps, ceramic ware, cap, headgear, leather, tobacco, furniture, toys, plastic items, artificial flowers etc; while importable include raw cotton, chemicals, machinery and equipments, pharmaceuticals, aircraft, electrical equipments, iron and steel etc.

Despite high import tariffs in USA, the apparel based products from Bangladesh have made successful inroad there in the recent years. While Bangladesh's total apparel products exports in USA was worth $2.37 billion in 2005, $4.29 billion in 2010 and it reached to $4.70 billion in 2014. The comparative export comparison in USA for major apparel exporting nations over the recent years can be observed from the table below.

Comparative position of major apparel exporting countries in the USA :

Billion US$

Country

2010

2011

2012

2013

2014

% from 2010 to 2014

 

 

China

28.75

30.09

29.70

30.48

30.49

06%

 

 

 

 

Vietnam

5.80

6.56

7.03

8.06

9.21

59%

 

 

 

 

Indonesia

4.43

5.06

4.96

5.00

4.87

10%

 

 

 

 

Bangladesh

3.85

4.39

4.36

4.84

4.70

22%

 

 

 

 

Mexico

3.67

3.96

3.84

3.82

3.86

05%

 

 

 

 

India

3.16

3.37

3.09

3.20

3.45

09%

 

 

 

 

Honduras

2.45

2.69

2.65

2.58

2.67

09%

 

 

 

 

Thailand

1.33

1.21

1.11

1.08

1.05

(21)%

 

 

Source: USITC data

 

 

With the wage increase in China in the recent years, the global buyers are increasingly tilting toward Bangladesh to source the merchandise. US based brands and importers can avail the opportunity of low-cost but quality products apparels from Bangladesh.

Bangladesh News
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No images for this article 10/18/2018 - Admission of Foreign Students for MBBS and BDS Courses
Announcement on the Admission of Foreign Students for MBBS and BDS Courses in the Government Medical Colleges / Dental Colleges in Bangladesh for the...



No images for this article 08/15/2018 - Special Supplement on National Mourning Day
Special Supplement on the 43rd Anniversary of Martyrdom of Father of the Nation Bangabandhu Sheikh Mujibur Rahman & National Mourning Day 2018



No images for this article 07/27/2018 - Updated Info
Dear Visitors, Please Click here to see all new/updated information from the Embassy of Bangladesh in Washington, DC, USA. Latest Notice ...



Bangladesh News Archives

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