• Linkdin

Bangladesh's garment exports up 13.41% in July-Sept 2022

04 Oct '22
2 min read
Pic: Shutterstock.com
Pic: Shutterstock.com

Readymade garment (RMG) exports from Bangladesh increased by 13.41 per cent to $10.274 billion in the first 3 months of fiscal 2022-23 (July-June) compared to exports of $9.059 billion in July-September 2021, as per provisional data by the Export Promotion Bureau. Exports were 2.52 per cent more than the target of $10.021 billion for July-September 2022. 

Knitwear (Chapter 61) exports witnessed a lower growth compared to woven RMG exports. Exports of knitwear increased by 9.40 per cent to $5.649 billion in July-September 2022, as against exports of $5.164 billion during the same months of the previous fiscal. Exports of woven apparel (Chapter 62) increased by 18.73 per cent to $4.624 billion during the period under review, compared to exports of $3.895 billion during July-September 2021, as per the data. 

Home textile exports (Chapter 63, excluding 630510) increased by 26.59 per cent to $353.48 million during the period under review, compared to exports of $279.23 million during July-September 2021. 

Woven and knitted apparel, clothing accessories and home textile exports together accounted for 80.06 per cent of Bangladesh’s total exports of $12.496 billion during July-September 2022. 

RMG exports from Bangladesh had witnessed an increase of 35.47 per cent to $42.613 billion in fiscal 2021-22 compared to exports of $31.456 billion in fiscal 2020-21. Bangladesh had achieved an all-time high in terms of value of RMG exports in 2021-22. The total exports also breached the target of $43.500 billion with 19.73 per cent rise during the period. 

Fibre2Fashion News Desk (KUL)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search