Bangladesh’s exports have grown moderately in the EU
File photo
Dhaka, February 16, 2025 (BSS) – Bangladesh ready-made clothing (RMG) exports
He experienced moderate growth from the current July to January
The fiscal year with the European Union (2025) is extremely important
market.
The Export Promotion Bureau (EPB) is a recently issued export by country
Data for the current fiscal year (2024-25) from July to January is shown.
Such a trend.
The EU accounts for 50.15% of Bangladesh’s total RMG exports;
Total of USD 118.1 billion. Shipment to the US has arrived
It accounts for $4.47 billion, accounting for 18.99% of total stock, the UK
The market was also important, exports of $2.5 billion, which was comparable.
Up to 10.83pc of Bangladesh’s total RMG exports during the specified time frame.
In terms of growth, RMG’s exports to the EU increased by 13.91%.
The US shows a robust increase of 16.45% per year. RMG
However, exports to the UK grew at a more modest 4.55%.
Within the EU, Germany appears as a major market, and Bangladesh exports
Spain has $2 billion, while France has reached $2.97 billion for $1.28
1 billion, and the Netherlands is $1.25 billion.
The growth rate was particularly notable in Germany (13.47pc),
Netherlands (27.3pc), Poland (13.7pc), Denmark (18.56pc), Sweden (26.7pc).
Bangladesh’s RMG sector has also demonstrated the growth of non-traditional markets.
An overall increase of 6.42% could go further
expansion. Among these markets, Japan led imports totaling $721 million.
Australia continues at $512 million and India continues at $427 million.
Exports to countries like Türkiye and Mexico are also important.
up to $263 million and $208 million, respectively.
The growth of Japan, Australia, India, Türkiye and Mexico is encouraging.
During this period, exports to Russia, South Korea, China and the United Arab Emirates.
(UAE) and Malaysia declined.
Continued export growth is heavily dependent on the EU and United
The US state (US), which remains the major market in Bangladesh,
We highlight further possibilities within these regions.
Talk to BSS and Mohiudin Ruebel, former director of clothing in Bangladeshi
Managing Director (MD) Manufacturers and Exporters Association (BGMEA)
Additional MDs from Bangladesh Apparel Exchange and Denim Expert Limited also mentioned
Ongoing tensions in global trade are reconstructing and presenting the landscape
Opportunities for Bangladesh to capitalize locally
Manufacturers and exporters have the necessary production capacity.
“At the same time, we need to cooperate with the investment in the back.
Links to support and strengthen the competitiveness and growth of the RMG sector
It’s possible,” he added.
