Bangladesh's cotton yarn imports rose 39 per cent in 2024, reaching $2.28 billion, while fabric imports jumped 38 per cent to $2.59 billion, according to the National Board of Revenue. Indian suppliers dominated, providing 80 per cent of these imports, raising concerns over growing reliance on a key competitor in the ready-made garment (RMG) sector. Imported yarn, priced at $2.19 per kg, appears cheaper than locally spun yarn at $2.45 per kg. However, hidden costs transportation, insurance, and bulk storage diminish the savings.
