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RMG exports up by almost 5% in FY2023-24
The readymade garment (RMG) exports grew by 4.97% year-over-year to US$ 40.49 billion from US$ 38.58 billion
UNB, Dhaka
Published: 03 May 2024, 04:24 PM
Photo: Collected
The Export Promotion Bureau (EPB) has released the apparel export statistics for the period of July-April FY2023-24.
During the mentioned period, the readymade garment (RMG) exports grew by 4.97% year-over-year to US$ 40.49 billion from US$ 38.58 billion during the same period of the fiscal year 2022-23, said BGMEA Director Mohiuddin Rubel.
The export of knitwear was US$ 22.88 billion, growth increased by 9.11% and woven garments were US$ 17.62 billion, growth increased by 0.03%, the business group’s leader said.
The single-month apparel export earnings that indicate export in April 2024 was US$ 3.29 billion which decreased by 1.01% growth compared to April 2023, he added.