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Bangladesh's RMG exports up 1.72% to $23.39 bn in July-Dec

06 Jan '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bangladesh's RMG exports rose by *.*% to $**.* billion in the first half of fiscal 2023-24, missing the target by *.*%.
  • Knitwear exports increased while woven garments declined.
  • Despite global economic challenges, overall RMG exports showed resilience, and sectors like cotton and man-made fibres also experienced significant growth.

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

In the first six 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-December ****, as per EPB data. 

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