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Bangladesh's RMG exports jump 13.07% but miss target in July-Sept

04 Oct '23
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Insights

  • In the first quarter of fiscal 2023-24, Bangladesh's readymade garment exports rose by **.** per cent to $******** billion, missing the target by **.** per cent.
  • Knitwear exports surged by **.** per cent, outpacing woven apparel.
  • Home textile exports plummeted by **.** per cent.
  • Overall, RMG exports contribute significantly to Bangladesh's total exports.

Exports of knitwear (Chapter **) increased by **.** per cent to $*.*** billion in the first three months of current fiscal, as against exports of $*.*** billion during the same period of the previous fiscal ****-**

Exports in knitwear (Chapter **) grew by an impressive **.** per cent, totalling $*.*** billion, compared to $*.*** billion in the same period the previous fiscal. On the other hand, woven apparel exports (Chapter **) increased by *.** per cent to $*.*** billion from $*.*** billion in July-September ****, as per EPB data. 

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