Bangladesh's RMG exports up 10% to $32.6 bn in July-Apr FY25

11 May '25

2 min read

Bangladesh's RMG exports up 10% to $32.6 bn in July-Apr FY25

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Insights

Bangladesh's ready-made garment (RMG) exports rose by 10 per cent to $32.64 billion in July–April FY25, driven by stronger knitwear exports.
Home textile exports increased by 4.25 per cent, while cotton and cotton product exports grew by 6.7 per cent.
However, April 2025 data showed slower monthly growth, with woven apparel and cotton exports declining.

Ready-made garment (RMG) exports (Chapters 61 and 62) from Bangladesh increased by 10 per cent to $32.640 billion between July 2024 and April 2025, the first ten months of fiscal 2024–25 (July–June), according to provisional data from the Export Promotion Bureau (EPB). This marks a rise from $29.671 billion during the same period in fiscal 2023–24.

Knitted garment exports slightly outpaced woven garment exports in growth. During the first ten months of the current fiscal, exports of knitwear (Chapter 61) rose by 10.74 per cent to $17.457 billion, compared to $15.764 billion in the corresponding period of fiscal 2023–24. Woven apparel exports (Chapter 62) increased by 9.17 per cent, totalling $15.182 billion, up from $13.907 billion during the same period in the previous fiscal, according to EPB data.

Home textile exports (Chapter 63, excluding 630510) also grew, rising by 4.25 per cent to $740.49 million, compared to $710.31 million during the same period of the previous fiscal. Collectively, exports of woven and knitted apparel, clothing accessories, and home textiles accounted for 83.01 per cent of Bangladesh’s total exports, amounting to $40.018 billion for the period.

Exports of cotton and cotton products, including yarn, waste, and fabrics (Chapter 52), rose by 6.70 per cent to $490.43 million during the period under review, compared to $459.63 million in the same period of the previous fiscal.

In April 2025, ready-made garment exports reached $2.393 billion, marking a 0.44 per cent increase from $2.383 billion in the same month of the previous year. Knitwear exports rose by 5.08 per cent to $1.247 billion, while woven garment exports declined by 4.65 per cent to $1.083 billion during the month. Outbound shipments of home textiles (Chapter 63, excluding 630510) decreased by 2.69 per cent to $62.89 million. However, exports of cotton and cotton products fell by 12.89 per cent to $37.09 million, down from $42.58 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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