Bangladesh's ready-made garment (RMG) exports grew 5.12 percent year-on-year to around $7.5 billion in the first two months of fiscal year 2026-27, according to data from the Export Promotion Bureau (EPB).

Exports stood at $7.13 billion during the corresponding period of the previous fiscal year.

According to Export Promotion Bureau (EPB) data compiled by Bangladesh Apparel Voice, knitwear exports grew at a faster pace than woven garments.

Knitwear shipments rose by 6.17 percent to $4.19 billion, while woven garment exports increased by 3.81 percent to $3.3 billion.

The United States led growth among major single-country destinations, with exports rising 11.42 percent to $1.612 billion. Its share of Bangladesh's total garment exports increased to 21.52 percent from 20.30 percent.

Non-traditional markets grew almost as rapidly, rising by 6.48 percent to $1.22 billion and expanding their total export share.

Among non-traditional destinations, Turkey registered the fastest growth in the dataset as exports nearly doubled, surging 94.68 percent to $99.98 million. Brazil and the United Arab Emirates also recorded strong gains, increasing by 34.37 percent and 24.21 percent, respectively.

Conversely, exports declined sharply to Russia (-33.95 percent), China (-16.04 percent), and India (-7.64 percent).

The EU remained Bangladesh's largest single destination bloc, but grew by just 2.46 percent to $3.49 billion, causing its market share to slip from 47.82 percent to 46.61 percent.

Within the EU, Germany was the largest buyer at $804.74 million, remaining essentially flat with a 0.88 percent growth. The Netherlands (+8.47 percent) and Spain (+11.61 percent) posted solid gains, whereas France (-5.39 percent) and Portugal (-18.93 percent) experienced notable declines.

Among other traditional destinations, exports to the United Kingdom rose by 3.74 percent, while shipments to Canada grew by 3.37 percent, with both countries roughly maintaining their market shares.