Apparel, Fashion & Retail, Market Reports

Apparel exports reach $99.10 mn from Bangladesh to Canada Bangladesh’s apparel export grew 21.37% in Canada that valued at $99.10 million in November 2021.

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According to the new official data, in November 2021 apparel imports of Canada increased up to $832.02 million as compared to $1.02 billion in October 2021. Meanwhile, the imports declined on an M-o-M basis and grew by 11.10% on a Y-o-Y basis during November 2021. Also, China has shown a negative export trend for the second consecutive month. When China’s apparel shipment to Canada dropped by 6% in October 2021 on a yearly basis, then it declined by 2.60% in November 2021. While Cambodia grew by 32.35 percent on yearly basis and clocked $93.03 million in its apparel shipment to Canada. Vietnam again remained at a standstill as its shipment upped marginally by 0.60 percent (Y-o-Y) and reached $91.57 million in November 2021. Significantly Italy jumped by 61.56 percent, and the export of the European country to Canada was valued at $30.90 million.

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