Bangladesh’s yarn imports surged 31.45 per cent in 2024, reaching 12.15 lakh tonnes, up from 9.24 lakh tonnes in 2023, with 95 per cent sourced from India, says the Bangladesh Textile Mills Association (BTMA). The total import value stood at $3 billion. Garment manufacturers opted for Indian yarn because of competitive prices, timely delivery, and local production struggles caused by gas shortages and high costs. The price gap between imported and local yarn is 20-25 cents per kg, making Indian yarn the preferred choice.