Bangladesh’s net export earnings from the shipment of readymade garments (RMG) contributed to over 70 percent of the gross export receipts for the third consecutive quarter ending in September 2023.

Earnings from merchandise shipments in August increased slightly by 3.80 percent to $4.78 billion, mainly riding on apparel exports as all the other major sectors staged a poor performance last month.

Bangladesh's export growth slowed down drastically in August as there was a reduction in growth of shipment of manufactured products, particularly readymade garments, according to data released by Export Promotion Bureau (EPB) today.

Exports growth shows the resilience of our businesses

Bangladesh’s export earnings rose 5.89 per cent year-on-year to $5.13 billion in January this year from a year ago.