Bangladesh’s ready-made garment (RMG) exports to the European Union (EU) reached US$6.43 billion during the July–October period of the fiscal year FY2026–27, marking a 2.79 percent increase from $6.26 billion recorded a year earlier, according to Export Promotion Bureau (EPB) data compiled by Bangladesh Apparel Voice (BAV).

However, the growth remained heavily concentrated, with Spain single-handedly carrying nearly all of the expansion. Exports to Spain surged 13.36 percent to reach $1.448 billion—an increase of $170.6 million—which accounts for about 98 percent of the EU’s total gain of $174.5 million. With this stellar performance, Spain now commands 22.51 percent of Bangladesh’s total EU apparel exports, overtaking Germany.

Germany, previously the leading single market, completely stalled during the four-month period, inching up a negligible 0.01 percent to $1.439 billion and holding a 22.37 percent market share.

Among other European destinations, the Netherlands registered an 8.68 percent growth to $784.6 million, and Poland grew 2.85 percent to $545.9 million. In contrast, exports to France dropped by 7.87 percent to $611.1 million, while shipments to all other EU countries combined fell 1.34 percent to $1.60 billion. Collectively, the top five markets accounted for 75.1 percent of Bangladesh's total EU apparel exports during the July–October timeframe.

In October alone, RMG exports to the EU rose by a modest 1.10 percent to $1.53 billion. Germany remained the largest single market for the month at $315.7 million (+0.59%), closely followed by Spain at $299.2 million (+11.95%). Meanwhile, the Netherlands grew 7.62 percent to $187.1 million. Conversely, France suffered a sharp contraction, plunging 15.22 percent to $161.7 million, and Poland declined 4.49 percent to $144.0 million.

Market analysts point out that EU growth is currently exceptionally narrow. Excluding Spain's robust performance, Bangladesh’s overall apparel exports to the European Union would have remained virtually flat over the four-month period, weighed down by Germany's stagnation and France's ongoing decline.