Bangladesh's export earnings grew by 10.53% to $32.94 billion during the first eight months of fiscal year 2024-25, driven primarily by the readymade garment (RMG) sector. According to the Export Promotion Bureau (EPB), earnings for the same period last year were $29.80 billion. February 2025 exports rose by 2.77% year-on-year to $3.97 billion. RMG exports dominated, growing by 10.64% to $26.79 billion, with knitwear at $14.34 billion (up 11.01%) and woven garments at $12.45 billion (up 10.22%). In February 2025, RMG exports were $3.24 billion, a 1.66% increase from January 2024, though woven exports dipped slightly. Home textiles saw a 5.23% increase to $577.99 million, while jute goods fell by 8.71% to $547.88 million. Agricultural exports rose 10.25% to $742.47 million, engineering products by 7.48% to $338.79 million, and frozen fish by 14.45% to $316.18 million. Leather goods increased to $757.50 million (up 8.48%), pharmaceuticals reached $145.46 million (up 7.11%), footwear (non-leather) surged 32.85% to $362.83 million, and plastic products climbed 22.25% to $203.65 million. In the previous fiscal year, Bangladesh earned $44.46 billion from merchandise exports, largely from RMG, while growth potential in other sectors remained limited. (ICE NEW DELHI)

Fonte notizia: The Financial Express