Bangladesh's goods export has marked a strong start in the new fiscal year (FY2025-26), with an outstanding growth by 24.90 percent in July.
According to data released on Monday by the Export Promotion Bureau (EPB), the country exported goods worth US$4.77 billion in July.
This growth follows the performance of the last fiscal year (2024-25), when the total merchandise exports reached $48.28 billion, marking a growth by 8.5 percent.
RMG Takes Lead
The readymade garment (RMG) sector was a primary driver of this growth. In July, RMG exports totalled $3.96 billion, which is a 24.67 percent jump from July of the previous year.
Beyond garments, several other sectors also contributed to the export surge in July, including:
· Leather and leather products
· Agro-processed goods
· Home textiles
· Jute and jute products
· Engineering products
· Frozen foods
· Plastic products
According to economists, this strong performance in the first month of the fiscal year 2025-26 suggests a promising outlook for the country's export economy.