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Bangladesh's RMG exports grow 5.95% but miss target in July-Oct

07 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bangladesh's RMG exports rose by ***** per cent to $****** billion in July-October of fiscal 2023-24, missing the $****** billion target by ***** per cent.
  • Knitwear exports grew by ***** per cent, while woven apparel declined by ***** per cent.
  • Home textiles saw a steep drop of ***** per cent.
  • Despite global economic challenges, RMG exports showed resilience.

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

In the first four 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 ****-**. Conversely, woven apparel exports (Chapter **) witnessed a decline of *.** per cent, totalling $*.*** billion down from $*.*** billion in July-October ****, as per EPB data. 

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