Bangladesh’s March Exports Jump 11.44%, Driven By RMG Growth
Bangladesh’s exports rose 11.44% year-on-year to US$ 4.25 billion in March, propelled by sustained momentum in the readymade garment (RMG) sector, according to data released by the Export Promotion Bureau (EPB).
With this growth, the country’s total export earnings for the first nine months of FY2024-25 reached US$ 37.19 billion, reflecting a 10.63% increase from US$ 33.61 billion in the same period last fiscal year.
The RMG sector remained the dominant contributor, with exports totaling US$ 30.25 billion from July to March, up 10.84% year-on-year. In March alone, RMG exports surged 12.40% to US$ 3.45 billion, compared to US$ 3.07 billion a year ago.
“Bangladesh’s export sector has demonstrated a commendable performance,” the EPB said in its statement.
Beyond garments, leather and leather goods, along with light engineering products, registered significant growth, signaling diversification in the export basket. Home textiles, specialised textiles, and non-leather footwear also posted moderate gains.
However, jute exports showed little movement, and agricultural exports declined sharply by 25.72% year-on-year, underlining the need for focused policy measures to support this emerging sector.
