Bangladesh: Cotton and Products Annual

For marketing year 2022/2023, Post forecasts cotton production at 155 thousand bales and imports at 8.9 million bales. Indian cotton took 29 percent market share in calendar year (CY) 2021, followed by Brazil, Benin, and the United States. In CY 2021, Bangladesh’s ready-made garment exports reached a record high of $35.81 billion, and the country became the second largest exporter after China. Due to high domestic demand for yarn and fabric, Bangladesh continues to import these products in substantial amounts.