Home breadcru News breadcru Trade breadcru  | Bangladesh's RMG exports up 3.45% to $23.39 bn in July-Jan 24

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Bangladesh's RMG exports up 3.45% to $23.39 bn in July-Jan 24

08 Feb '24
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • Bangladesh's RMG exports rose by ***.*5 per cent to $**.*** billion in July 2023-January 2024.
  • Knitwear exports increased by ***.*5 per cent, but overall RMG exports fell short of the $**.*** billion target by ***.*3 per cent.
  • Home textile exports dropped by **.*7 per cent.
  • Despite a global slowdown, RMG exports reached $**.*** billion in fiscal 2022-23.

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

In the first seven 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 ****-January ****, as per EPB data.

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