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

Online Desk

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

During the mentioned period, the readymade garment (RMG) exports grew by 4.97 per cent 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 per cent and woven garments were US$ 17.62 billion, growth increased by 0.03 per cent, the business group’s leader said.

The single-month apparel export earnings that indicate export in April 2024 was US$ 3.29 billion which decreased by 1.01 per cent growth compared to April 2023, he added.

Bd-pratidin English/Tanvir Raihan