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Bangladesh's RMG exports up 2.86% to $43.85 bn in July-May 2024

12 Jun '24
2 min read
Bangladesh's RMG exports up 2.86% to $43.85 bn in July-May 2024
Bangladesh's RMG exports up 2.86% to $43.85 bn in July-May 2024

Insights

  • Bangladesh's ready-made garment exports increased by **.**% to $****.** billion from July 2023 to May 2024, compared to $****.** billion in the same period of previous fiscal year.
  • Knitwear exports rose by **.**% to $****.*** billion, while woven apparel exports fell by **.**% to $****.*** billion. Home textile exports dropped by **.**%.

While knitwear exports exceeded woven garments, the overall RMG exports did not meet the $**.*** billion target set for July-May ****, falling short by *.** per cent.

In the first eleven months of the current fiscal, exports of knitwear (Chapter **) rose by *.** per cent to $**.*** billion, compared to $**.*** billion during the corresponding period of the previous fiscal ****-**. Woven apparel exports (Chapter **) eased by *.** per cent, totalling $**.*** billion, against $**.*** billion in July ****-May ****, as per EPB data.

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