TDS Desk:

Bangladesh’s readymade garment (RMG) exports recorded marginal growth during the first five months of FY 2025–26, reflecting continued pressure on global apparel demand amid inflationary stress and shifting consumption patterns in key markets, think exporters.

According to the latest country-wise export statistics released by the Export Promotion Bureau (EPB), RMG exports reached $16.13 billion during July–November FY 2025–26, marking a modest 0.09 percent increase compared to the same period of the previous fiscal year.

The European Union (EU) remained Bangladesh’s single largest export destination, accounting for 48.57 percent of total RMG exports. However, export earnings from the bloc declined by 1.03 percent year-on-year to $7.83 billion, indicating subdued demand across major European economies.

The United States retained its position as the second-largest market for Bangladeshi garments. RMG exports to the US stood at $ 3.22 billion during the period, representing 19.98 percent of total RMG exports and registering a 3.06 percent year-on-year growth, offering some relief amid broader market uncertainty.

Exports to other traditional markets showed relatively stronger performance. Shipments to the United Kingdom rose by 3.00 percent to $1.85 billion, accounting for 11.46 percent of total RMG exports, while exports to Canada increased by 6.51 percent year-on-year to $554.47 million, with a 3.44 percent share.

Despite policy emphasis on market diversification, exports to non-traditional or emerging markets declined by 3.19 percent during the period. The contraction highlights ongoing challenges in sustaining demand beyond core destinations and reinforces the urgency of strengthening market development strategies and trade facilitation efforts.

In terms of product composition, the knitwear segment experienced a slight decline of 1.00 percent, indicating relatively stable but flat performance. The woven segment performed comparatively better, posting a 1.44 percent growth, supported by steady orders and improved product mix.

Overall, the July–November export performance suggests that Bangladesh’s RMG sector remains resilient but constrained by weak global demand. Sustained growth will depend on enhanced value addition, product diversification, productivity improvements, and deeper penetration into both traditional and emerging markets in the coming months.