Strong performance in volume and unit price signals balanced growth amid rising EU demand

Bangladesh’s ready-made garment exports to the European Union (EU) surged by an impressive 29% in the first quarter of 2025, reaching $5.98 billion, up from $4.63 billion during the same period last year, according to Eurostat, the statistical office of the EU.
The growth was not only in value but also in quantity and pricing. Export volume rose by 24.64%, while the unit price increased by 3.55%, indicating a strong and balanced growth pattern across product demand, volume, and pricing.
This performance highlights the resilience and competitiveness of Bangladesh’s RMG sector in its largest export market, even amid global economic uncertainties. Industry insiders say the growth is a result of continued demand for competitively priced yet high-quality garments, improved factory compliance, and stronger buyer confidence.
The EU as a whole recorded 16.84% growth in apparel imports during January–March 2025, totaling $24.65 billion, with volume increasing 20.25%. Interestingly, while import volume rose sharply, the average unit price dropped by 2.84%, suggesting Bangladesh bucked the regional trend by not only increasing exports but also maintaining stronger pricing.
Bangladesh’s strong showing comes amid broader gains by other major exporters. China led the pack with $6.67 billion in apparel exports to the EU—up from $5.34 billion last year—followed by India, Pakistan, and Cambodia, all of which posted double-digit growth.

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