RMG exports up by almost 5pc in FY 2023-24

The Export Promotion Bureau (EPB) has released the apparel export statistics for the period of July-April FY-2023-24.

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 groups 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.    —UNB