Dhaka 13 October, 2026

‘CottonPort’ Launched to Boost Bangladesh’s Apparel Exports to US

BSS

Publish : 27 Aug 2026, 08:01 PM
Collected Photo

AmeriBangla Corporation has launched ‘CottonPort’, the country’s first digital marketplace for raw cotton, aiming to boost Bangladesh’s apparel exports to the United States.

AmeriBangla Corporation Chief Executive Officer (CEO) Aswar Rahman formally inaugurated the platform at a hotel in the capital today (Thursday).

Speaking at the event, Rahman said CottonPort would enable Bangladeshi spinning mills to purchase cotton directly from US farmers.

“This will reduce the role of intermediaries while ensuring fair prices for cotton and greater transparency in the supply chain,” he said.

Read More

The platform began operations with an offer of 82 tonnes of raw cotton sourced from Virginia in the United States.

More than 30 spinning mills have already expressed interest in purchasing US cotton through CottonPort, according to AmeriBangla.

The platform will operate 24 hours a day, seven days a week, and offer dynamic pricing, container-based supply and certified traceability.

AmeriBangla said it plans to supply 10 containers of cotton per month on a pilot basis in 2026.

The company aims to increase the volume to 1,600 containers per month by 2028.

The company said its broader objective is to contribute to increasing bilateral trade between Bangladesh and the United States from the current level of USD 10 billion to USD 100 billion by 2045.

Follow google news channel to get RTV news Google News
Global Oil Prices Jump Again as Houthis Continue to Attack Saudi Infrastructure
Global oil prices jumped $2 (€1.79) a barrel on Monday amid continued Iran-backed Houthi attacks on Saudi Arabian infrastructure.
Global Oil Prices Jump Again as Houthis Continue to Attack Saudi Infrastructure
Chinese Firm to Invest $17M in Mongla EPZ
Longteng Garments Company Limited, a Chinese-owned enterprise, is investing USD 17 million to set up a garment manufacturing plant in the Mongla Export Processing Zone (EPZ).
Chinese Firm to Invest $17M in Mongla EPZ
Robert E. Hall and Michael Woodford Jointly Win 2026 Nobel Prize in Economics
Two American economists, Robert E. Hall and Michael Woodford, have been jointly awarded the 2026 Nobel Prize in Economics in recognition of their pioneering research on the microeconomic foundations of macroeconomic stability.
Robert E. Hall and Michael Woodford Jointly Win 2026 Nobel Prize in Economics
Stocks Rise as Oil Prices Tumble after Trump Hails 'Energy Ceasefire'
Most stock markets rose Monday as oil prices tumbled after Donald Trump announced an "energy ceasefire" between Russia and Ukraine, which offset a fresh wave of Houthi attacks on Saudi Arabia.
Stocks Rise as Oil Prices Tumble after Trump Hails 'Energy Ceasefire'
Royal Enfield Bangladesh Celebrates 9000+ Classic 350 Milestone with 'Ride for Smiles'
Celebrating the milestone of exceeding 9,000 Classic 350 riders across Bangladesh and making the passion for motorcycling more impactful, Royal Enfield Bangladesh organized a unique social outreach campaign titled ‘Classic 350 Ride for Smiles’ on Saturday.
Royal Enfield Bangladesh Celebrates 9000+ Classic 350 Milestone with 'Ride for Smiles'
Read More
APGG 2026 Unlocks Millions in Agro-Export Deals Across Three Regional Hubs
Bangladesh Jute Goods Reach 138 Countries, Raw Jute Exported to 30 Nations