Bangladesh's RMG exports up 10.8% to $30.2 bn in July-March FY25

16 Apr '25

2 min read

Bangladesh's RMG exports up 10.8% to $30.2 bn in July-March FY25

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Insights

Bangladesh's RMG exports rose by 10.84 per cent to $30.25 billion during July 2024–March 2025, driven by growth in both knitwear and woven garments.
Home textile exports grew 4.94 per cent, while cotton product exports rose 8.70 per cent.
March alone saw RMG exports climb 12.40 per cent year-on-year.
However, cotton exports fell in March.
Revised figures show RMG exports declined in fiscal 2023–24.

Ready-made garment (RMG) exports (Chapters 61 and 62) from Bangladesh increased by 10.84 per cent to $30.246 billion between July 2024 and March 2025, the first nine months of fiscal 2024–25 (July–June), according to provisional data from the Export Promotion Bureau (EPB). This marks a rise from $27.288 billion during the same period in fiscal 2023–24.

Knitted garment exports marginally outpaced woven garment exports in growth. During the first three quarters of the current fiscal, exports of knitwear (Chapter 61) rose by 11.22 per cent to $16.146 billion, compared to $14.517 billion in the corresponding period of fiscal 2023–24. In contrast, woven apparel exports (Chapter 62) increased by 10.40 per cent, totalling $14.099 billion, up from $12.771 billion during the same period in the previous fiscal, according to EPB data.

Home textile exports (Chapter 63, excluding 630510) also grew, increasing by 4.94 per cent to $677.60 million, compared to $645.68 million during the same period of the previous fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for 83.14 per cent of Bangladesh’s total exports, amounting to $37.191 billion for the period.

Exports of cotton and cotton products, including yarn, waste, and fabrics (Chapter 52), rose by 8.70 per cent to $453.34 million during the period under review, compared to $417.05 million in the same period of the previous fiscal.

In March 2025, ready-made garment exports reached $3.449 billion, marking a 12.40 per cent rise from $3.069 billion in the same month of the previous year. Knitwear exports rose by 12.93 per cent to $1.806 billion, while woven garment exports increased by 11.82 per cent to $1.643 billion during the month. Outbound shipments of home textiles (Chapter 63, excluding 630510) grew by 3.30 per cent to $99.61 million. However, exports of cotton and cotton products fell by 10.83 per cent to $43.71 million, down from $49.02 million.

The new regime in Bangladesh had earlier revised export data downwards, according to which RMG exports declined by 5.22 per cent to $36.151 billion in fiscal 2023–24 (July 2023 to June 2024).

According to the EPB, RMG exports stood at $38.142 billion in fiscal 2022–23, down from the previously reported figure of $46.991 billion. Exports were recorded at $42.613 billion in fiscal 2021–22 and $31.456 billion in fiscal 2020–21.

Fibre2Fashion News Desk (KUL)

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