A total of $4.36bn RMG products were exported in June, against total exports of $5.05bn in the month, pushing the total export earnings for the sector in the just concluded 2022-23 fiscal to $46.99 billion - the highest in a single year.
RMG exports mainly comprise two categories - woven and knitwear. Among the exports, woven clothing fetched $ 1.90 billion and knit clothing worth $2.46 billion were exported in June, said Mohiuddin Rubel, director of BGMEA in a press release. The total for the 2022-23 fiscal comprised $21.25 billion for woven and $25.74 billion for knitwear.
Also read: Exports raked in $55.56bn in FY23, highest in history
The target for the fiscal was $46.80 billion, so RMG exports exceeded the target.
Data released by the Export Promotion Bureau (EPB) on Monday showed Bangladesh exported goods and services worth a record $55.56 billion in the 2022-23 fiscal. So the RMG sector's earnings amounted to 84.6 percent of the total.
Also read: RMG exports growth over 10% in first 11 months of FY2022-23