Lingerie and intimate wear garments export in Bangladesh is increasing at an impressive rate. In the Jan-Nov 2021 period, lingerie exports to the USA reached $150 million. This includes categories such as shapewear and foundation garments. As a result of this, Bangladesh ranks 5th in the top lingerie exporter list in the USA. This export made Bangladesh the 5th top lingerie exporter in the USA. The top four lingerie exporters in the USA are China, Vietnam, Sri Lanka, and Indonesia.
Lingerie is a high-value apparel product Generally, profit margins for lingerie are 20-25% higher compared to a basic T-shirt. As the Covid-19 pandemic situation in the USA improved, customers began to shop more. As a result, Buyers placed a higher number of orders.
USA lingerie imported product by HS Code:
The latest official US customs data shows that Bangladesh brassiere exports to the USA grew by 43% between January and November of 2021.
Meanwhile, the data also showed that the USA imported $2.57 billion worth of brassieres in the first 11-month period of 2021, observing 46.81% year-on-year growth. This indicates a significant growth of the lingerie market in the USA.
Among the other top 4 lingerie exporter countries – China is in the top position with $858.81 million, growing by 48.64% YoY.
Vietnam exported $496.76 million brassieres to the USA, growing by 52.77% YoY.
Sri Lanka exported $244.73 million worth of lingerie items, growing by 34.54% YoY.
While Indonesia shipped $238.97 million worth of lingerie and intimate wear garments. This is a massive 89.64% YoY growth.
Globally, Bangladesh exports lingerie worth $700 million annually, according to industry sources. Entrepreneurs should focus on increasing Bangladesh's presence in the global lingerie market. Bangladesh RMG Industries growth could be propelled by this high-value product segment post-LDC graduation.
Photo Courtesy: Canva
Not Yet Registered ?
Click here to Register
