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Bangladesh's RMG exports surge 13% to $19.8 bn in Jul-Dec 2024

06 Jan '25
2 min read
Bangladesh's RMG exports surge 13% to $19.8 bn in Jul-Dec 2024
Bangladesh's RMG exports surge 13% to $19.8 bn in Jul-Dec 2024

Insights

  • From July to December 2024, Bangladesh's ready-made garment exports rose by **.**% to $*********.
  • Growth was led by woven and knitwear garments, with notable increases in home textile and cotton product exports.
  • This growth marked an improvement from the previous fiscal year's performance, despite a downward revision in historical export data by Bangladesh's new regime.

Woven exports marginally outpaced knitwear garment exports in growth. During the first six 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, according to EPB data.

Home textile exports (Chapter **, excluding ******) experienced 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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