In January 2024, Bangladesh recorded $5.76 billion in exports, marking an 11.45% year-on-year growth, as reported by the Export Promotion Bureau (EPB). The surge follows a negative trend in previous months. The ready-made garment (RMG) sector, the leading export earner, contributed $4.97 billion, showing a 12.45% increase from the prior fiscal year.
For the first seven months of FY2023-24, total exports reached $33.26 billion, with a 2.52% YoY growth. RMG exports during this period totaled $28.36 billion, growing by 3.45%. Knitwear exports amounted to $16.17 billion, while woven items reached $12.18 billion, showing positive and negative growth rates compared to FY2022-23. Conversely, major sectors such as home textiles, leather goods, and engineering products experienced negative growth during the July-January period of FY24. However, agricultural exports increased by 4.44%, while jute and jute goods, along with engineering products, saw declines in export earnings.
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