Readymade garments (RMG) industry sees a better growth in first half of fiscal year 21-22, a 28% growth which worth around 20 billion USD was seen compared year on year. Export Promotion bureau (EPB) had recently released the figures where it was shown that USA is still the largest importer for Bangladesh RMG products between the time frame from July and December 2021.
The volume of exports to US market grew 46% between this periods than the year before. Exports to European Union and Canada had also witnessed a growth of 23.83% and 23.78% respectively, said EPB.
“Overall export of RMG industry during the first half of 21-22 fiscalreached USD 19.9 billion, with 28% year on year growth”, said Mohiuddin Rubel, director of BGMEA.