United News of Bangladesh

Bangladesh exported goods worth  $4.25 billion, marking a year-on-year growth of 11.44 percent compared to $3.81 billion in March, 2024. According to the Export Promotion Bureau (EPB) during the first nine months of the Fiscal Year 2024-25 (July–March), Bangladesh’s export sector demonstrated a commendable performance, achieving a total export earnings of US$ 37.19 billion. The export growth reflects a 10.63 percent growth compared to $33.61 billion recorded during the same period of the previous fiscal year. The Ready-Made Garments (RMG) sector, traditionally the cornerstone of Bangladesh’s export basket, retained its leading position. RMG exports during July–March FY 2024-25 reached $ 30.25 billion, reflecting a 10.84 percent growth over the corresponding period last year. For the month of March alone, RMG exports witnessed a 12.40 percent year-on-year growth, rising to $3.45 billion from $3.07 billion. Beyond RMG, several other sectors also contributed significantly to the overall export growth. Bangladesh saw export growth by 15.63% in Nov The table below presents a comparative performance matrix of key sectors: Value in USD Million SectorExport Earnings (Jul–Mar FY 2023-24)Export Earnings (Jul–Mar FY 2024-25)Growth (%) Jul–MarYoY Growth in March (%)Total ExportsUSD 33,617.41USD 37,191.3210.63%11.44RMG (Total)27,288.7330,246.3410.84%12.40Knitwear14517.4616146.7211.2212.93Woven12,771.2714099.6210.4011.82Leather & Leather Goods775.36852.019.8922.64Jute & Jute Goods678.37626.29-7.680.28Light Engineering Products362.96402.4510.8833.32Home Textiles645.68677.604.943.30Specialized Textiles249.04298.3919.645.84Other Footwear (Excl. Ch. 64)309.12414.6834.1544.03Agricultural Products760.40807.066.14-25.72The RMG sector continues to anchor the export landscape, showing strong and consistent growth both cumulatively and on a monthly basis. EPB said in its observation . Leather and leather goods, as well as light engineering products, registered notable growth, signaling the diversification potential of Bangladesh's export base. Bangladesh expects to see export growth despite global trade shifts Home textiles, specialized textiles, and non-Chapter 64 footwear sectors showed moderate but positive growth. The jute sector remained largely stagnant, with minimal growth. Agricultural products, an emerging export segment, suffered a significant negative growth of 25.72%, necessitating targeted interventions to reverse the trend.