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Bangladesh's RMG exports surge 12% to $16.1 bn in Jul-Nov 2024

25 Dec '24
2 min read
Bangladesh's RMG exports surge 12% to $16.1 bn in Jul-Nov 2024
Bangladesh's RMG exports surge 12% to $16.1 bn in Jul-Nov 2024

Insights

  • Bangladesh's ready-made garment (RMG) exports surged ***.** per cent to $**.*** billion in July-November 2024, compared to $**.*** billion in the same period of 2023.
  • Woven apparel exports grew ***.* per cent, outpacing knitwear's ***.* per cent rise.
  • Home textiles increased by ***.* per cent, with RMG, accessories, and home textiles comprising ***.* per cent of total exports.

Woven exports marginally outpaced knitwear garment exports in growth. During the first five months of the current fiscal, exports of knitwear (Chapter **) rose by **.** per cent to $*.*** billion, compared to $*.*** billion in the corresponding period of fiscal ****-**. On the other hand, woven apparel exports (Chapter **) increased by **.** per cent, totalling $*.*** billion, compared to $*.*** billion during the same period, as per EPB data.

Home textile exports (Chapter **, excluding ******) experienced a growth, increasing by *.** per cent to $***.** million, compared to $***.** million during the same period in the last fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles constituted **.** per cent of Bangladesh’s total exports, amounting to $**.*** billion for the period.

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