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Bangladesh's RMG exports inch up 2.75% but miss target in July-Nov

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

Insights

  • Bangladesh's RMG exports grew by **.*% to $***** billion in the first five months of fiscal 2023-24, falling short of the $***** billion target by **.*%.
  • Knitwear exports rose by **.*%, but woven apparel exports declined by **.*%.
  • Despite global economic challenges, RMG exports reached $***** billion in fiscal 2022-23.

*.*pt"> Bangladesh&#**;s readymade garment (RMG) exports (Chapter ** and **) grew by *.** per cent to $**.*** billion in July-November, the first five months of fiscal ****-**, according to provisional data from the Export Promotion Bureau (EPB). This figure represents an increase from $**.*** billion in the same period of the previous fiscal ****-**

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

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