Comprehensive statistics by the Export Promotion Bureau (EPB) indicate, Bangladesh’s RMG exports grew by 4.97 per cent Y-o-Y to $40.49 billion during the period spanning July to April 2023-24 compared to $38.58 billion in the corresponding period of the previous fiscal

Knitwear exports from the country increased by 9.11 per cent to $22.88 billion. On the other hand, exports of woven garments increased marginally by 0.03 per cent to $17.62 billion, highlighting the sector's resilient performance.

According to Mohiuddin Rubel, Director, BGMEA, these figures demonstrate a notable growth trajectory in the Bangladesh RMG sector.

However, single-month export earnings by Bangladesh declined by 1.01 per cent to $3.29 per cent during April 2024 compared to April 2023.

Despite this minor setback, the broader picture portrays a robust and thriving apparel export sector, reinforcing Bangladesh's position as a key player in the global garment industry. The steady growth trajectory underscores the resilience and adaptability of the country's garment manufacturers and exporters, navigating through various challenges to maintain a competitive edge in the international market.