Bangladesh's garment exports to the European Union (EU) experienced a sharp 16.43 percent decline in the first half (H1) of 2026, falling to €8.64 billion amid an overall market contraction in European apparel imports. The downturn in Bangladeshi shipments was driven by both reduced shipment volumes-which fell 8.22 percent-and lower average prices, which dropped 8.94 percent during the January-June period, UNB reports.
Despite the weak half-yearly performance, Bangladesh recorded a slight recovery in June alone, with exports to the EU edging up 0.87 percent to €1.37 billion. The monthly gain was supported by a 6.53 percent increase in shipment volumes, which helped offset a 5.31 percent drop in prices.
Overall EU apparel imports from around the world declined by 9.70 percent in H1 2026 to €41.10 billion, down from weaker consumer demand and softer pricing across the trading bloc. Total import volumes into the EU dropped 6.40 percent, while the average unit price fell 3.53 percent.
According to Eurostat data compiled by Bangladesh Apparel Voice (BAV) founder and CEO Mohiuddin Rubel, most major garment-exporting nations faced severe declines in the EU market during the period:
Turkey: Down 14.60 percent
India: Down 12.49 percent
Pakistan: Down 12.53 percent
Sri Lanka: Down 11.21 percent
China: Down 8.88 percent
Cambodia: Down 8.84 percent
Vietnam was the only major global supplier to maintain positive export growth to the EU in H1 2026, posting a 0.36 percent increase. While Vietnam's export volume fell 11.52 percent, a 13.43 percent increase in its average unit prices-the highest price jump among all major suppliers-enabled the country to absorb volume losses and secure overall growth.
While Indonesia and Cambodia also raised unit prices, steep drops in shipment volumes prevented both nations from achieving net positive export growth.
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