Bangladesh: Cotton and Products Update

For marketing year 2021/2022, Post forecasts cotton production up slightly to 151 thousand bales, with total consumption at 8.81 million bales. Due to the high international price of cotton, local spinning mills will consume more out of stocks. After the fallout from the COVID-19 pandemic in 2020, Bangladesh’s ready-made garments exports increased 28 percent to $28.5 billion in the first 10 months of calendar year (CY) 2021, as compared to the same period in CY 2020. As of September 2021, yarn imports have increased while fabric imports decreased as compared to the previous year.